Looking for a good PBSA investment?

Looking for a good PBSA investment?

Over the last few years, experienced investors have started to invest more in PBSA or purpose-built student accommodation. It is well known in investment circles that PBSA investment brings fewer hassles and guarantees great returns. Due to the fact that the properties are fully equipped and the maintenance is handled by a management company, the investor can focus on growing their portfolio while making a profit through regular rental returns. In addition, the number of students is not expected to decrease any time soon, which makes this investment even more attractive.

Of course, just like any other type of investment you undertake, it is always a good idea to seek advice from an independent financial advisor to see how this would fit in with your financial situation and what you’re looking to achieve. If PBSA sounds interesting, then here are some things to consider:

Research

Even though the student market is growing, you must check the demand in the city you’re looking to invest. Don’t forget to analyse the costs related to halls of residence located at the universities. The same goes for the cost of HMOs and any neighbouring developments. Check the number of students at the university, its reputation and the number of foreign students it attracts. In other words, do your homework!

Location

When it comes to real estate, location is vital and student accommodation is no exception to this. Students want to live close to the university campus, be close to entertainment and bars and to have access to different public transport options. Make location a key factor when making your choice of investment.

Off-plan

Opting for an off-plan PBSA development is a good opportunity because it promises better returns and will give you access to early discounts. Look for off-plan opportunities with developers that have a good track record of success.

Management Company

The vast majority of PBSA developments are managed by specialist property management firms. Choose a development managed by a reputable company and, with their help, you can forget all the typical hassles related to rental properties and the issues that are sometimes associated with being a landlord.

Without doubt, PBSA investments deliver excellent returns and they are fast becoming one of the most sought-after investment options today. Contact us now to find out more.