Sun. May 26th, 2019

The UK city that will drive returns for ZA investors

Cardiff is the largest and capital city of Wales, UK.

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UK student property has become one of the most popular overseas investments for South African buyers in recent years – and this is the place where returns are among the highest in Britain right now.

Cardiff’s appeal

Home to three universities, education is key to Cardiff’s
economy. 43,000 students study in the city each year, including 9,300
international students.

Cardiff University is ranked in the world’s top 100 by the Academic Ranking of World Universities 2017. It’s helped to drive international student numbers, with Cardiff University having seen a 31% and 18% uplift in EU and non-EU students respectively since 2010/11.

Property investment

For property investors, this growth is having a dramatic impact on Cardiff’s student property market. As the number of international student numbers increase, so does the demand for high-quality purpose-built student accommodation (PBSA), providing homes close to university and Cardiff’s key city centre landmarks.

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And this is making it the UK’s strongest investment location
for student property.

  • At 8.5%, Cardiff had the fastest annual student
    rent growth in 2017/18 of any UK city
    • The UK average rent growth during this period
      was just 2.55%
  • The city has some of the UK’s highest annual
    yields from student property
    • Average yields in Cardiff are currently being
      recorded at 5.59%
    • The UK average is just 4.72%
  • Significant undersupply of PBSA
    • 25,354 students in Cardiff cannot access the
      modern, purpose-built homes they are demanding

Perhaps what is most exciting for potential South African investors is that Cardiff is still a market yet to achieve its full potential. It means, unlike many other cities in the UK, it hasn’t become over saturated in both supply or investment, meaning there is still plenty of opportunity to enter the market now and secure the highest levels of long-term growth.

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As the developer behind Vita Student, the industry-leading
PBSA brand, Select Property Group has brought 4,642 high quality student
properties to the UK’s biggest university cities, selling over £42 million
worth of property to investors in South Africa in the last 13 years. Now it’s
launching its 20th project in the heart of Cardiff city centre.

Take your place in Vita Student Cardiff with just a 30% deposit and enjoy a fully managed UK property investment with assured yields.

For more information, click here.

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