Glasgow, UK

The city with a 75% undersupply of PBSA

80,000 STUDENTS

With six universities, Glasgow is one of Europe’s largest student cities

FREE TUITION

All domestic and EU students receive free tuition, boosting their disposable income

75% UNDERSUPPLY

Limited accommodation options leave 60,000 students in unsuitable housing

HIGH STUDENT RENT

Glasgow student property yields are some of the highest in the UK

DEVELOPMENTS

GLASGOW INVESTMENT OVERVIEW: A CITY IN NEED OF 60,000 NEW STUDENT BEDS

One of Europe’s largest student cities. One of the world’s oldest universities. Number one for student yields in the UK, Glasgow really is a first-choice UK property investment location. Much of its appeal stems from its six HE institutions and the ability to attract 80,000 tenants on an annual basis. However, three-quarters of these students – a massive 60,000 – currently have no dedicated accommodation option.

UNIQUE 80,000-STRONG MARKET

The University of Glasgow is the fourth oldest institution in the English-speaking world. It leads a six-university offering that attracts 80,000 students to every year. Once in Glasgow, students are not only offered a world-class education, but a free education. As most students have no tuition fees to pay, this tenant market has some of the highest disposable income in the whole UK – and this has major investment implications.

60,000 STUDENTS IN NEED OF NEW ACCOMMODATION

With 80,000 students to accommodate annually, Glasgow’s housing market comes under severe strain. Only one in ten of these students can currently secure a place in the market’s favoured purpose-built student accommodation. Even when university-provided accommodation is factored into the equation, 75% are forced to live in old-fashioned houses of multiple occupancy. All this means 60,000 students are in need of new accommodation.

SOME OF THE HIGHEST STUDENT RENTS IN THE UK

Such is the city’s supply and demand imbalance, Glasgow’s coveted West End generates some of the highest gross rental incomes in the UK for student landlords. That’s higher yields than the traditional student cities of Manchester, London, Oxford and Cambridge. And this figure only applies to outdated house in multiple occupation (HMO) stock – newer purpose-built student accommodation commands a 30% premium on top of that.

Glasgow Housing Market

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