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Renting to London Students – one Landlord’s View

Angela OConnor

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

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.

It’s Student Week at Pimlico Flats!

This is the week of the year when students flood into London looking for somewhere to stay for the upcoming academic year. Over the next 3 weeks there will be a great bun fight as students and landlords pal up or fall out. For the students maybe their life and career will be destroyed by a poor decision about accommodation leading to an unhappy and unsuccessful year at study. For parents there is the worry of imagining their child in some garret, rats chewing their toes at night, daughters lodging with prostitutes and rapists, sons knifed as they negotiate the street gangs on their way home from the library. For Landlords there is the prospect of all night student parties, carpets ruined, furniture destroyed.

Hopefully as student week progresses we will identify some of the pitfalls for all parties, and provide a route map to a successful and productive academic year for all concerned!

Students

Students


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To View please phone Ruth on 0747607467

May 2012

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2 Bedroom Garden Flat

£2200 pcm
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