One of our specialities here at Experience Invest is student accommodation and we know that this property investment class is growing in popularity with our clients. That’s one of the reasons why this week we were interested to spot the launch of a new student property rental portal.
Road 51 claims to be the ultimate online marketplace for quality student accommodation, it’s still very early days for the website which aims to be a hub for students looking for places to live while studying, but the website does have some great advantages of over similar property websites.
Students travelling from overseas often have no prior contact with landlords in the cities they choose to study, until they actually arrive. Road 51 is a way for them to interact with landlords via the website and view available accommodation online.
The website allows property management companies, sales agents and smaller landlords to advertise available properties to students all across the UK, as well as internationally. Recent studies have shown that international students often have different needs, and prefer to live off campus (some even bring families with them while they study). The website will allow those with properties available to access this market.
Landlords extending their reach
Road 51 is the first portal of this type in the UK and is the brainchild of founder and CEO, Bso Tsang, who was a former international student himself. Tsang said: “My experience as both a student landlord and letting agent made it clear that there was a need for a platform that would allow landlords like myself to access this valuable market. Our website provides a cost effective solution for landlords looking to extend their reach.”
He added: “I hope that students will find our new website helpful in their search for properties that are right for them in areas that they are not familiar with.”
The website allows landlords to upload photos and video of the properties available as well as details about local amenities. Landlords are encouraged to add as much detail as possible so that students can make an informed choice before actually seeing the property. This again, is designed to be of use to the lucrative overseas student market, and help them make a more informed choice of where to live while studying.
Experience Invest will keep a keen eye on the portal as we’re active in the student accommodation market which is widely considered to be UK’s best performing asset class with returns higher than other property sectors.
About Experience Invest
Experience Invest have been trading since 2004 and we’ve worked with all types of investors from first timers to high-NET-worth individuals and corporate clients. As a market leaders in UK residential investments, we specialise in high demand, high yield property investments such as student accommodation, care home investments, and high income generating residential investments. For more information, or to discuss your own investments needs please contact Experience Invest.