UK universities have never been more popular. Students from across the UK and the world are applying in ever increasing numbers according to UCAS, with the 2019/20 intake likely to be the biggest ever – making this the perfect time to invest in the sector.
The only question left is where to invest? One of the strongest markets in the UK can be found on the North East coast. Newcastle is a booming city which combines the best of what the UK has to offer to students – a world class education alongside notorious nightlife, all set in beautiful coastal surroundings.
Newcastle University is a member of the prestigious Russell Group which produces cutting-edge research used around the world. Being a member of this select group gives the institution a global reputation which appeals to international students – those most likely to require high-end private student accommodation.
The Times Higher Education World University Rankings has Newcastle University in 23rd place in both the university impact rankings and the European teaching rankings, demonstrating why it is so popular with students. Specialisations in fields as diverse as ageing and health, data, energy, cities and the creative arts only reinforce this, as does the fact that Newcastle is home to National Innovation Centres for ageing and data, the National Centre for Energy Systems and the Urban Observatory.
Newcastle is a city where students go if they want to get things done, and almost 25,000 a year make the trip to the North East. However, the local university has nowhere near enough accommodation to house them all, making private Purpose-Built Student Accommodation a vital part of the mix.
Burgess House is located right in the centre of Newcastle and is a firm favourite of local student tenants. Containing 110 student pods, this is an appealing social hub for students as well as being high quality accommodation. Residents have access to on-site amenities including a gymnasium, entertainment lounge and secure bicycle storage as well as fitted kitchens and en-suite bathrooms in their individual pods. It is no surprise that more than a third of the units at Burgess House are already booked for the next academic year, following 95% occupancy in 2018/19.
If you’re looking for your next student accommodation investment, have a look at our available opportunities in Newcastle by clicking here!