STUDENT ACCOMMODATION

Student Accommodation

Executive Summary

The higher education colleges and universities of London have marked an international excellence in technology, teaching and research. Annually, higher education institutions of London constitute of 12 billion in goods and services. Usually, the affordable housing policy of London falls under the requirements of housing provisions. The student accommodation in central London and surrounding areas is clustered where pressure has fallen on the current small number of boroughs to meet the needs of the students. The international students are attractive towards the calibre of London's universities along with its cultural heritage. Greater London comprises of about 282,000 full time and 129,135 part-time students where about 20% of the students attend 39 institutions. During the recession time period in London, the central London was attracted by the national students. The student accommodation remained robust and the funding was unavailable. The 2010 London Plan has pointed out the potential deficit for 25,000 student bed spaces in London, which is also recognized by the contribution of universities of London's economy. This plan aims to fulfil the demand of student accommodation, related to a specific university for relevant affordable housing contributions. Housing associations refers to all the affordable housing under Registered Providers. Much of the student accommodation is provided by the university or arranged with the landlords. The students of London have various options for their accommodations. This includes flats, private houses, living with family, up-scale apartments and London hostels. The main aim is to provide decent accommodation at fair prices for the students of higher education of London. The potential customers are university students and also students of colleges or language institutions. Within the potential geographical locations, Camden is one of the affordable locations for the student accommodation. The location encourages the investors to develop housing association or affordable housing designed in affordable housing before the plan submission application. There is a huge competition in the business of student accommodation in London. As an investor, such projects are very lucrative for you, as some proponents' good and successful real offer a yield of about 8% on your investment. With thoughtful strategy, competitive edge can be achieved in the market of student accommodation. Student housing promises good returns as the number of students is increasing at a high speed. The affordable flats for students fall under the category of intermediate affordable housing which costs more than the social housing but equals to the market housing. Intermediate affordable housing comprises of low cost homes for sale, rented housing and shared-ownership housing. London university residences are open to tourists, students, preferably out of school periods (usually from June to September, sometimes as the Easter holiday). The location targeted is fantastic, quite and central. The location is served by many supermarkets, shops, bars, cafes and restaurants. The accommodation flats can be newly built, or restored. The location targeted is also near to many bus lines which makes the colleges and universities of London reachable. The proposal aims for the provision of accommodation for students from ...