New housing is sorely needed in Aberdeen, where the booming oil and gas industry has led to existing accommodation being filled with affluent energy professionals.
This has forced the majority of students to live in Aberdeen’s outskirts, although they would prefer to live more centrally.
The extent of the undersupply of student homes in the city was illustrated in September 2014, when several hundred first-year students had to be temporarily housed in local hotels.
This is a concern for both students and the universities trying to attract them.
Due to the prime city centre location, proximity to the universities and college as well as local amenities, demand for this particular property will always be high.
This ensures it will remain a sought-after asset for future investors.
Projected 9.8% geared income from new build apartments in London's Best Place to Live
These guest-ready holiday cottages provide a 12.17% NET comparable yield – fixed for 3 years