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Purpose Built Student Accommodation: the role of the management team

Investment fundamentals student property investment management
Jun 23, 2016

The management team’s function is to ensure the 24/7 smooth and efficient running of all our properties and student property investments. The ultimate aim is to remove all the burdens and headaches of traditional buy-to-let ownership from our buyers and investors.

They are responsible for all aspects of property maintenance, from a blown fuse to a storm-damaged roof. Local knowledge and established relationships allow them priority access to building, trade and utilities professionals.

 

Beneficial economies of scale

Because most of our properties  and student accommodation consist of over 100 units, it makes economic sense for the management company to install a dedicated team onsite, rather than parachute them in. Similarly, central bulk buying ensures the swift supply of replacement materials at greatly reduced prices. All these economies contribute significantly to our sector-high yields.

Purpose Built Student Accommodation: facilities

 

Ensuring long term asset value

A daily front-of-house presence enables a positive working relationship to be established between tenants and management; this, coupled with regular informal property inspections, helps with the early identification of potential problems. Such day to day attention to the fabric of the student accommodation  is crucial to its long term asset value.

They also provide a full letting and reletting service to ensure maximum occupancy rates; they collect all rental payments and transfer them automatically to the buyer’s chosen account.

And because there’s a year-round onsite presence even during off-peak periods, property security is tight.

The whole management package has been designed and implemented to provide our buyers with an effortless income and a highly resaleable long term asset.

If you wish to find out more about our PBSA investment properties & other opportunities, please get in touch with us.

 

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