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Student Accommodation – An Overview

Dec 26, 2013   //   by abcde20   //   blog  //  No Comments
student accommodation

For an average student, buying a home is usually not in the list of the necessities. Takes time, regular maintenance that takes a lot of money that student doesn’t have. Additionally, getting a mortgage is almost impossible for students.

The cost of student accommodation in the UK has steadily risen over the years ranging to an average of £5000 to £7000 annually. How much the letting cost is dependent to your choice of university and the flexibility of the property you choose to let?

Student accommodations can be classified into three kinds. The following are;

•             Hall of residence- is a type of accommodation arranged by the University for their students. It is typically located within the school property and utility bills are usually included on the letting cost.

•             Private house or apartments for let- are properties rented out to student by a landlord. Usually near the university and typically will cost more as utility and other miscellaneous fees may be needed to be added. This type of accommodation offers student more freedom as they usually has reign over the property they let.

•             Homestay – Is typically ideal for students who are used to live with big families and don’t mind sharing the space. This is more cost effective and usually includes meals, utility and washing.

 

Property letting costs depends entirely on the location of the property itself. Usually properties within the city would cost more higher than those on the suburbs. It is also important to consider the cost of transportation if you are planning on letting a property outside of the campus. Additionally, keep in mind that some extra charges like utility bills and property maintenance fees needs to be taken into account.

 

Are you a student looking for a property to let? We have a full database of properties ideal for students. Simply get intouch with us through the form on the left or you can also use our search form.

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