The United Kingdom has seen a significant rise in student population with almost half of all young adults moving on to higher education. In the year of 2017, there were around 2.32 million students studying at institutions of higher education with 1.76 million undergraduates, 551,585 post graduates, 1.8 million full-time students, 518,930 part-time students with 1.87 million from the United Kingdom, 134,835 students from the European Union, and 307,540 students from non-EU countries. (Universities UK , 2017 ). Rising numbers and the influx of international students is largely due to the shape of the UK higher education sector and the impact of the universities on society and the economy.
New undergraduate funding implementations, or the introduction of the 9000 GBP tuition fees in 2006, caused significant change in England’s and Wale’s education sector. However, the rising age of millennials and Generation Z, have led to more participation of students in higher education with their recognition on the importance of the matter. World-class universities attract international students with a market share of around 13% recorded in 2011 and is only second to the United States globally with 16%.
The ongoing trend is expected to continue with London’s full-time student population expected to rise by 50% alone in the next decade (JLL, 2015), causing a great demand on student accommodation. Recent reports and data have confirmed the health of the asset class with a 2.9% increase in rents per bed between the 2017-2018 academic years, a 0.2% increase from 2016-2017 (Student housing in demand , 2018).
Student accommodation in the United Kingdom is set as a secure, profitable asset class with high guaranteed returns. The market is recession proof, indicating that whether the economy is facing a downturn or not, individuals tend to further their education to improve the current situation.
Benefits of Investing in Student Accommodation:
- Secure Asset
- High Returns
- Increasing Student Population
- UK is an international hub for local and foreign students
Oxford Property Investments offers Natex, a new student accommodation development in the heart of Liverpool. It is a 556 unit student scheme with two blocks of 10 and 16 storeys compromising of 472 clusters and 94 studio apartments, offering several choices for post graduate and older students at a variety of price points.
The development offers:
- 9% Net assured returns for 5 years.
- Prices starting from 62,500 GBP
- 5-minute walk away from the University of Liverpool and Liverpool John Moores
- Exclusive amenities and services for the tenants
You can find out more by contacting us at, +971 4 4403100.