Whether to buy a property suitable for professionals or a property suitable for students.
If you are looking to invest in a buy to let property in Portsmouth or to add to your existing property portfolio then a question that many landlords ask themselves, in particular when looking at the Portsmouth property investment market is whether to buy a property suitable for professionals or a property suitable for students.
Portsmouth has an abundance of both tenants’ types - professionals working in and from the city as a base, and the universities & colleges, Portsmouth University and Highbury College, ensure that there are students requiring accommodation in Portsmouth.
So in terms of the market demand and the ability to let your property easily it is both! However, the principal difference is that student houses in Portsmouth will potentially have a higher gross yield and generate a greater ongoing return but city centre flats aimed at professionals in Portsmouth will have the higher demand and will let easily.
But before you buy your property investment in Portsmouth speak to us here at Belvoir! Portsmouth as we can advise you precisely and carefully based on your individual requirements and circumstances as an investor.