ASK194: Is it a good idea to get into student lets? PLUS: How can I improve an EPC rating?

ASK194: Is it a good idea to get into student lets? PLUS: How can I improve an EPC rating?

By Rob Bence and Rob Dix from The Property Hub

This week on Ask Rob & Rob, we’ve got another two great questions for you about student accommodation and EPC ratings.

Our first caller is Dawson who is looking at investing in student accommodation. She’s based in the south but has a clear understanding that yields are better in the north.

She’s looked at Manchester and Liverpool but she’s finding that they’re getting quite saturated with a lot of properties left empty - she thinks this is mainly due to the new rules and the amount of new developments becoming available.

So where would Rob & Rob recommend she look for a good student let with a high yield? Or is this market not worth getting into? 

The next question is from Thomas who has been looking at a property to buy up north in Barnsley. 

He’s had the EPC come through showing a rating of 9, which has obviously sparked concerns of how much it’s going to cost to get the property up to standard so they can rent it out. 

Do Rob & Rob know the best way is to get this improved? Are there any grants or funding that Thomas can apply for to give him a helping hand?

It’s safe to say that Rob B is absolutely baffled by such a low rating but answers Thomas’ question regardless and gives him some guidance. 

Tune in to find out what he suggests.

Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply). 

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The next question on Ask Rob & Rob could be yours. 

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