Good property crash BTLs

Doozergirl

More students staying at home to study, but more students going to university across the board! There are only limited spaces in halls, often reserved for first years or those studying for finals. Believe there are plenty of grotty terraces which are all let out in Selly Oak. Anything that isn't quite so grotty is bound to rent quicker than others.

HGLTsuperstar

Doozergirl wrote:

More students staying at home to study, but more students going to university across the board! There are only limited spaces in halls, often reserved for first years or those studying for finals. Believe there are plenty of grotty terraces which are all let out in Selly Oak. Anything that isn't quite so grotty is bound to rent quicker than others.

Yes there are, and theygo for silly prices. Believe me, I lived in them for 5 years until last year!

HGLTsuperstar

Swipe wrote:

I think most students who go away to uni these days are opting for modern halls-type accommodation with free heating, free highspeed Internet and a gym in the same building.hesQUOTE]

My internet wasnt free and where was the gym?

WHA

Our local university has just built a few hundred new student rooms on their campus and it has really knocked the local BTL market. There are adverts for rooms and houses everywhere from desperate BTL owners.

Dan29

Swipe wrote:

I think most students who go away to uni these days are opting for modern halls-type accommodation

"Most"? Where is the evidence of this?

Swipe wrote:

For some reason, these do seem more tempting than an overpriced grotty room in a damp ridden terraced house where bills are not included.

So the "modern halls-type accommodation" is cheaper, better and not significantly further from the university? In every university town?

I rent to students in Cardiff and I'd like to know where something like this could be built without its occupants facing a much longer walk to university - a major factor in which accommodation students choose.

Also, many 2nd- and 3rd-year students will prefer choosing a property where they can decide who they live with, plus many prefer the feeling of independence of living in a self-contained house rather than in a huge overcrowded building where they may have less freedom and privacy.

Swipe wrote:

Students these days are definitely a different breed to what they used to be in the 70s and 80s.

The rich ones, maybe. Others may not have the choice of paying more for "free" heating and internet access (not really a huge factor anyway when a household of 5 can share broadband access for £1 a week each?).

deemy2004

MattLG wrote:

What sorts of properties do well with regard to lettings when the housing market crashes? I'm guessing smaller, cheaper places do better because people are less likely to be able to afford the more expensive rents. I'm also guessing that the increase in people who have been repossessed will also increase the demand for the smaller lettings.

MattLG

Last time there were streets full of empty houses, so I guess perhaps the upper end would more likely be filled but a housing crash would also probably result in a fall in crash in the lettings market as well.

eurows

Student houses in university towns, never fail! Look at any road in Selly Oak, Birmingham for proof!

Poppycock

In huddersfield student houses fell down a hole as the university decided to spend money on building their own student accomodation.

eurows

So the "modern halls-type accommodation" is cheaper, better and not significantly further from the university? In every university town?

I rent to students in Cardiff and I'd like to know where something like this could be built without its occupants facing a much longer walk to university - a major factor in which accommodation students choose.

Also, many 2nd- and 3rd-year students will prefer choosing a property where they can decide who they live with, plus many prefer the feeling of independence of living in a self-contained house rather than in a huge overcrowded building where they may have less freedom and privacy.

I think if Cardiff decide to build their own your in deep do do pal.

Dan29

eurows wrote:

I think if Cardiff decide to build their own your in deep do do pal.

I disagree, and notice from your posts in other threads that you seem to have an undeclared vested interest in trying to convince people that property prices are going to crash, pal.

gjam52

http://www.housepricecrash.co.uk/

I am not a landlord, but I did expect London prices to hit the wall some years ago, but they they haven't as yet. I have one or two property friends who are upbeat about how things will work out - unlike the link above