Edinburgh top for student property investment

A report from experts Knight Frank has revealed student accommodation is now more profitable than most other types of property investment. According to Home Move, the company’s Bricks & Mortarboard Student Accommodation Review shows weekly rents for students are on the increase.

The site says the report lists Edinburgh as the best property investment hotspot for student digs due to the city’s lack of private and institutional bed spaces. Home Move reports:

“According to the report, student accommodation has seen total annualised returns of 10.2 per cent over five years and Knight Frank says it expects student property to continue to be more profitable than other property investment sectors for the next three years.”

The Independent has also previously said student digs are a hot bet thanks to rule loopholes. The paper reported flats in student halls of residence are the only forms of residential property that can be held in self-invested personal pensions (Sipps), offering tempting tax breaks.

A total of 21 schools make up the University of Edinburgh, contributing to the thousands of students who flock to the city every year for higher education. The institution recently unveiled a new scholarship ‘pooling’ scheme which will make it easier for firms to recruit gifted students.

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