Research by student accommodation platform UniHomes says rental demand on student properties has not suffered long term harm from the pandemic.
It has analysed which UK universities have seen consistent student demand, helping maintain rental yields in the surrounding areas.
The platform analysed rental yields in postcodes surrounding main campuses of the top 100 UK universities and considered how they had changed since the start of 2020.
The University of St Andrews has seen the average rental yield increase from 3.4 to 5.0 per cent since the start of the pandemic. Additionally, Aberystwyth University has also seen a notable increase, up from 4.6 to 5.9 per cent - an uplift of 1.3 per cent.
Lancaster University has also seen the average rental yield increase by 1.0 per cent since the start of last year, with Loughborough University, Falmouth University and Queen’s University Belfast seeing yields climb by 0.9 per cent.
Edinburgh Napier University, University of Leeds, Manchester Metropolitan University and University of Edinburgh also make the top 10 - all either 0.8 or 0.7 per cent yield increases.
UniHomes director Phil Greaves says: “Despite the pandemic and the restrictions imposed around face to face teaching for much of the last university year, we’ve seen a consistent demand from students looking for properties.
“We understand that living away from home to attend university is a massive part of the student experience. Even now, most will have secured a property for the next academic year, however, we are still witnessing a high demand in key areas.
“This demonstrates the strength of the sector and with the appetite for student rentals only set to grow, we should see this positive trend continue as we approach the new university year.”
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