Five Reasons why International Students Should Buy a UK Property
You probably know by now that the UK is home to some of the best universities in the world, as well as some of the oldest. But it’s not just about choosing a university and course – it’s also about finding a place to call your home for the next 3, 4 or more years.
If you are considering making the move, here are Chestertons top five reasons to buy a property as a long-term investment in the UK.
Why buy UK property as an international student?
Ready to move in
Off Plan new build developments often have completed stock that’s ready to move in straight away. So not only will you be the first person to live there, you can also choose interiors to suit you.
Select from custom furniture packs which include everything from beds and sofas, to mirrors, towels and kitchen gadgets. Just bring your clothes and books!
Your own space
As well as choosing your own furniture and decoration, owning your own home means you don’t have to share your bathroom and kitchen space with others. Forget the arguments about whose turn it is to clean and housemates staying up till the early hours.
If you would prefer to share and have a study buddy, a 2 bedroom apartment can easily be let to another student for company – plus it’s guaranteed rental income!
Staines-upon-Thames is just a 6 minute train journey to Royal Holloway University and comes with spacious open-plan apartments, exclusive resident’s facilities, balcony or terrace in each apartment and just a 15 minute drive to Heathrow airport. 2 bedroom apartments starting from £444,950.
Modern developments now come with a wide range of residents facilities, designed to make your life easier with a hint of luxury. Keep up an exercise routine with an on-site gym and pool, or for a change of scenery, how about a co-working residents lounge? 24-hour security and concierge are on hand to take deliveries, order taxis and advise on the latest events in the area.
Study and earn capital appreciation at the same time
Investing in a new build home now will bring you benefits in the long term. As well as rental income being generated on a monthly basis, you can expect the value of your property to increase steadily over time. In times of economic uncertainty, real estate offers a secure long term investment and positive addition to a portfolio.
Based on a two-bedroom apartment in Elizabeth Tower at Crown Street, Manchester with a purchase price of £300,000, the forecasted capital appreciation is 291,106 – that’s 97% ROI after 5 years.*
All full time students – including international students – are exempt from paying council tax in the UK. This means you could save up to £2,000 each year.
Did you also know that students are also entitled to a 30% discount on travel costs in London? This includes underground and overground, bus and trams and the Docklands Light Railway.
To find out more about properties for sale near the best UK Universities, contact Chestertons today.