Top University Towns Produce Top Returns
It is widely accepted that the choice of subject and a University's reputation have an impact on a graduate's eventual earnings. Whilst you are securing your child's future with a UK education, why not secure your own future by investing in UK residential property, thus providing appropriate accommodation for your child during their studies and a low risk/high return investment for your family.
The Times Top Universities 2007 League Table:
- London ( Imperial College )
- London ( London School of Economics)
- London ( University College London )
On average, the capital value of houses in the UK double every ten years. Many investors also need their property investments to return a regular income to service loans or provide retirement funds. The lettings market in UK University towns is big business and many investors ‘buy to let' large houses or apartments and rent rooms to students. Many students pay for their accommodation even during the long holiday periods to avoid having to move every year or worse be left homeless due to short supply. In addition, the services of a reputable agent can ensure a thorough vetting of prospective tenants.
The price of property in the majority of the UK 's major University towns has doubled during the past five years. Property prices in 10 of the 13 top University towns and cities outside of London had risen by more than the national average of 103% since 1999. Parents are increasingly looking at buying investment properties for their children, as accommodation accounts for a substantial part of the cost of sending a child to university. The biggest increase in prices was seen in Bath , where the cost of the average home soared by 156% to £258,379 (approx RM 1.8 million)
Savills have twenty three offices in London offering a residential sales and lettings service. They also have offices in Oxford , Cambridge , Bristol and Bath . If you are sending your child to one of the UK 's top ten Universities, Savills can provide the solution to their housing needs in 7 out 10 of these University towns. Rahim & Co is an associate office of the Savills network and has a dedicated member of staff to manage overseas business. This combined strength means a wide selection of services are available including mortgage advice, management, lettings and sales.
With the benefit of a local agent you can trust and the extensive services of Savills in the UK on hand to assist you throughout the process, you can invest with confidence in UK residential property whilst securing your child's future.
For further information please contact:
Manager - Overseas Business Development
Rahim & Co Real Estate Agents Sdn Bhd
Level 17 Menara Uni Asia
1008 Jalan Sultan Ismail
50250 Kuala Lumpur Malaysia
(T) +603 2691 9922 ext.257
(F) +603 2691 0096