University students are generally happy with their living conditions and the services provided by their landlord, according to new research.
The survey, conducted on behalf of student property app BubbleStudent, found that 63% of students are more than satisfied with their living conditions, while more than half of those surveyed felt that they are currently getting good value for their rent.
Just 7.5% of those surveyed expressed dissatisfaction with the service provided by their landlord.
BubbleStudent is understandably trying to persuade more buy-to-let landlords to invest in the student rental sector – a profitable asset class that generally offers robust returns.
A separate study by TotallyMoney suggested that landlords who invest in areas with a high student population could currently expect to achieve yields of up to 12%.
Felix Henderson, chief executive officer of BubbleStudent, said: ‘There are many misconceptions about the relationship between student tenants and landlords, however, our research has revealed that the majority of students are more than satisfied with general landlord behaviour and the standard of their accommodation, representing a real shift in the dynamic from previous years.
“This change is in part due to increasing awareness of just how lucrative the student market can be, along with improvements to the way these relationships are facilitated and managed,’ he pointed out.”