Landlords with Student Lettings

At both our offices in Southampton and Bournemouth, we are finding that the market for student lettings is a mixed one, with some areas still having a high demand for private accommodation and others already adequately catered for by new council or college built student blocks. Many landlords are therefore now finding their properties, which they had successfully let for many years, standing vacant.

Despite higher tuition fees the number of new students taking up University or College places has risen again this year. However, those landlords having trouble filling their properties are now considering their option of returning to the residential lettings market.

The income is often seen as being less lucrative, but the security of tenure is greater as families and professional tenants tend to remain in properties for longer. This, in turn, results in less maintenance and repair costs.

Roads which had once been saturated with student accommodation are returning to family based dwellings and this can often lead to the property values rising as the areas are seen to be more desirable.

We have found that some landlords are considering re-instating properties of this type into a family dwelling. There are still legal requirements, such as the Annual Gas Safety Inspection and legionella risk assessments to be undertaken, but these are less onerous than for a Property in Multiple Occupation and the rent charged will reflect the size and condition of the property. Rental levels are steadily rising and demand is very high.

If you would like to discuss this or any other property related matter, then for Southampton, please contact Harcourts on 023 8063 7438, email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or check our website at www.harcourts-property.co.uk for initial free advice. In Bournemouth our team at Blakes at 01202 520650, email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or www.blakes-property.co.uk would be happy to assist.

Our experience and continued professional development in the property market means that we can provide practical advice and a service which means your property is in safe hands.

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