Commercial/Student property Investments

[japseye007]

Im curious if anybody has invested with this company or something similar and their thoughts on
that investment? Is there such a shortage as this website claims and will it be good investment for the foreseeable future?


http://www.emergingproperty.co.uk/ads/uk-student-p...

[Ozzie Osmond]

There's been a very recent thread on this.

• Hotel California

• Question marks over the people pushing it

[Rangeroverover]

I manage about 300 student places varying from large purpose built to single studio flats.

In Exeter you can buy a normal resi 2 bed in a student friendly for +/-£150-£160k for this you will get £140pw x 48 x 2 = £13,440 .

from this deduct management of £1300 and utilities of £1000. Advantages are no HMO licence, if the student market craps out you can let it to civilians unlike with student only properties. I have a few of these for myself as a future pension

I have sold a few purpose built student studios and small flats but would avoid like the plague any of the guaranteed return offers. If the scheme stands up on its merits it isn't needed.

[Hoofy]

Rangeroverover said:

I manage about 300 student places varying from large purpose built to single studio flats.

300?! Presumably a full-time job! Must be a PITA at times?

[ben5575]

I develop student and PRS blocks and sell them to institutional investors.

As OO and ROO say, run a mile from anything that looks like this. If the developer is scratching around trying to sell individual beds, then a) he has no idea what he is doing, b) the scheme doesn't stack so he can't raise more traditional funding, c) there is no scheme/site and you're sending your money to Nigeria

HTH

[Rangeroverover]

Hoofy said:

300?! Presumably a full-time job! Must be a PITA at times?

sounds grander than it is....300 bodies rather than properties, but each body is worth a minimum of £500 p.a in fees up to £1000pa in fees. Not too much of a pain, very busy in September, after that mostly paperwork then busy doing viewings and ASTs in January. Students locked out who call at 2am is my greatest joy

[Hoofy]

Rangeroverover said:

Hoofy said:

300?! Presumably a full-time job! Must be a PITA at times?

sounds grander than it is....300 bodies rather than properties, but each body is worth a minimum of £500 p.a in fees up to £1000pa in fees. Not too much of a pain, very busy in September, after that mostly paperwork then busy doing viewings and ASTs in January. Students locked out who call at 2am is my greatest joy

I had forgotten about that.

Just that whenever someone mentioned student rents, I recall the time one of my friends decided to swing a samurai sword around a kitchen and hit a gas pipe resulting in a gas leak.