Angela O'Connor
Angela O’Connor is a Landlord specialising in the refurbishment of houses to provide HMOs (Houses in Multiple Occupation) for Students to live in.
Pimlico Flats asked Angela for her views on Renting to Students.
September – all the students have settled in now and all repairs have been done. I know what most people think: ‘The students have probably trashed the place’, but far from it. We never really had any major problems, it’s just one of the stereotypes I come across frequently.
It is probably true that tenants don’t take care if provided with substandard accomodation, however we aim to provide modern, stylish and well maintained accomodation aimed at the top end of the student market and so far it has worked out very well. Big developers like Unite have spotted the opportunity long ago.
Sofa
There are many students out there being able and willing to pay extra for accomodation most people would assume is targeted at the professional market. I believe many investors/landlords are missing a trick here. These students have Blackberries, some drive new cars and look very stylish. They expect wireless, maybe even Sky TV, have xboxes, laptops …you name it! Above all, they often have parents willing to fork out to ensure their children are living in good quality accomodation.
Today’s London student requires quality accommodation to rent.
Renting properties to students is a service and way to earn in turn. There are tricks available in renting Propertis. Well said.