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A historic university city, Manchester is home to two of the five largest universities in Britain - The University of Manchester and Manchester Metropolitan University (MMU), plus the University of Salford (part of greater Manchester)
The University of Manchester is a member of the prestigeous Russell Group - one of the UK’s top 24 universities - an accolade that attracts thousands of students from all over the world.
Placed 38th in the Academic Ranking of World Universities and number six in Europe, The University of Manchester aims to become one of the world’s best 25 universities by 2020. It currently has 39,000 students who come from more than 180 countries and this number only looks set to increase.
MMU is also a highly popular institute with more than 37,000 undergraduates and postgraduates. Receiving over 56,000 applications in 2011/12, MMU is one of the most applied-for education establishments in the UK, clearly demonstrating the desire for people to live and study in Manchester.
Salford University has 19,000 students, of which only around 1,500 are housed by the university. The university campus is currently undergoing a 20-year, multi-million pound redevelopment plan, to enhance the local environment and contribute to regeneration of the local area
Return on investment example for apartment purchased for £89,995
|Year||Monthly rent||Total rent||Letting (8%), Service and management fees (15%) + ground rent of £350||Net rent||Gross yield||Net yield||Capital value at 3% growth pa|
|Projected returns after 10 years||£60,682||£27,428|
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Manchester prices top the growth table at 8.8%
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More graduates now studying for masters degree
Fears of a Brexit-induced fall in demand overdone....
Interest rate at or below current level for at least five years
"Having never purchased a student investment property we were a little curious as to how it worked, the risks involved and total costs involved....
"I looked at 5-6 student accommodation schemes, spoke to all of them.....
"Investing in any property is always a cause of some anxiety.....
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