Is Bournemouth still a good place to invest in Student property

In recent years, student houses in Bournemouth have been a popular investment choice for many individuals looking to capitalise on the towns thriving student population. With nearly 60 traditional student houses still available on Rightmove as of today, with an average price of £500 per room excluding bills, the question arises: are student houses in Bournemouth still a good investment?

One factor to consider is the Renters Reform Bill, which aims to provide greater protection for tenants and increase their rights. This bill could potentially impact the profitability of student houses, as tenants will be able to give two months’ notice after four months of moving in, leaving Bournemouth landlords with empty properties for the whole of the summer. However, with the demand for student accommodation in Bournemouth remaining high, it is likely that investors will still see a return on their investment.

Another consideration is the rise of large purpose-built blocks in Bournemouth, which offer modern amenities and a higher level of convenience for students. These purpose-built blocks may attract students away from traditional student houses, leading to a decrease in demand for this type of accommodation. However, there will always be students who prefer the independence and communal living experience that student houses provide.

Furthermore, there is a growing trend of students exploring alternative options to university, such as apprenticeships or vocational training. This shift in the education landscape could potentially impact the demand for student accommodation in Bournemouth. However, with Bournemouth being home to several reputable universities and colleges, there will always be a steady stream of students looking for accommodation in the city.

In conclusion, while there are factors that may impact the profitability of student houses in Bournemouth, such as the Renters Reform Bill and the rise of purpose-built blocks, there are still reasons to believe that student houses remain a good investment. The high demand for student accommodation in the city, coupled with the appeal of traditional student houses for some students, suggests that investors can still see a return on their investment. As long as landlords stay informed of any changes in the rental market and adapt to the evolving needs of students, student houses in Bournemouth can continue to be a lucrative investment opportunity.