Ajay Ahuja
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CONTENTS: INTRODUCTION, 1 - FINDING THE RIGHT PROPERTY, 2 - FINDING THE RIGHT STUDENT TENANT, 3 - TAX, 4 - SECURITY AND LEGAL ISSUES, 5 - REFERENCE CHAPTER - - UNIVERSITY CITIES AND TOWNS IN THE UK:  A, B, C, D, E, G, H, K, L, M, N, O, P, S, W, Y, UNIVERSITIES IN THE LONDON AREA
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City:WINCHESTER
UniversitiesUniversity College Winchester
Population:107,213
Student Population:[From UCAS or individual websites]Under GraduatePost GraduateTotal
45159655480
Campus Capacity(1000)()(1000)
 Size of Market35159654480
Drop out rates:University College Winchester11%
Student AreasBar end, Highcliffe, Stanmore, Winnall
Accommodation Officer Contacts:UniversityTelAddressWebLandlord Accreditation Scheme?
University College Winchester01962 827301Sparkford Road
Winchester
SO22 4NR		www.wkac.ac.ukYes (soon)
Planned development for cityWinchester City Council planning development services has been awarded £570,445 under the Government's Planning Delivery Grant for 2004/5 in recognition of their improvement in performance over the past year.Cala Homes has proposed an outline planning application to Winchester City Council for 2,000 homes at Barton Farm, Winchester, the area that has been identified as the Winchester City North Major Development Area reserve-housing site.
Planned development for universitiesUniversity College WinchesterUniversity College Winchester is one of the newest higher education institutions as of June 2004 after it acquired taught Degree Awarding Powers and changed from being King Alfred’s College.
Campus room rental**:MinimumMaximum
£65£93
Yield range6 – 7%
 3 bed house (i.e. 2 bed upstairs + 1 converted other)4 bed house5 bed house6 or more bed house
Entry Price£140,000£180,000£230,000£310,000
Median Room Rate£65£67£65£65
Average Yield B*6.5%7%6.6%6%
B - Estimated Annual Profit£1,032£1,977£1,870£714
Financial ScoresTotal(out of 10)Capital Growth(out of 5)Yield(out of 5)
5.532.5
Description:The College is situated on a wooded hillside overlooking the beautiful cathedral city of Winchester, and within ten minutes' walk of the city centre. Winchester is ideally placed for travel to other parts of the country and mainland Europe. Direct services link Winchester with many major towns and cities. By road on the M3 motorway, Winchester is 64 miles from London.
Websites to advertise on:Local and national student listings: www.student-accom.comCity information for students: www.accommodationforstudents.comNational listings: www.upmystreet.com
Estate Agents:AddressTelWeb
Belgarum Estate Agents72a High Street, Winchester, Hants, SO23 9DA01962 844460http://www.belgarum.com
Bradford And Bingley Marketplace Ltd11a Southgate Street, Winchester, Hampshire, SO23 9DZ01962 866422http://www.bbg.co.uk
Complete Property Service15 Southgate Street, Winchester, Hampshire, SO23 9DZ01962 831831http://www.complete365.com
Fox & Sons70 High Street, Winchester, Hampshire, SO23 9DA01962 862121http://www.sequencehome.co.uk
Letting Agents: AddressTelWeb
Connell Estate AgentsWestgate Chambers 82 High Street, Winchester, Hampshire, SO23 9AP01962 864444http://www.connells.co.uk
Dreweatt Neate - Winchester9a Jewry Street, Winchester, Hampshire, SO23 8RZ01962 842742http://www.dreweatt-neate.co.uk
Fpd SavillsJewry Chambers, 44 Jewry Street , Winchester, Hampshire , SO23 8RW01962 841 842http://www.fpdsavills.co.uk/
Halifax Property Services7 Southgate Street, Winchester, Hampshire, SO23 9DY01962 868551http://www.halifax.co.uk
Knight Frank14 Jewry Street, Winchester, Hampshire, SO23 8RZ01962 850333http://www.knightfrank.com

 

City:WOLVERHAMPTON
UniversitiesUniversity of Wolverhampton
Population:236,573
Student Population:[From UCAS or individual websites]Under GraduatePost GraduateTotal
19130387523005
Campus Capacity(2029)(358)(2387)
 Size of Market17101351720618
Drop out rates:University of Wolverhampton14%
Student AreasBlakenhall, Darlaston, Dunstall, Heath Townm Palfrey, Pennfields, Whitmore Reans
Accommodation Officer Contacts:UniversityTelAddressWebLandlord Accreditation Scheme?
University of Wolverhampton01902 321040Residential Services Office
University of Wolverhampton
Lomas Street
Wolverhampton
WV1 1QU		www.wlv.ac.uk/accommYes
Planned development for cityWolverhampton City Council has approved a £50 million programme of improvements to libraries, galleries and museums, parks, sports centres, community centres and other leisure and cultural facilities in Wolverhampton.These improvements will be undertaken over the next five years (to March 2009).  In some cases applications have either been made or need to be made to external sources to complete the schemes.
Planned development for universitiesUniversity of WolverhamptonThe Business Process Modernisation Project was launched in February 2001. It seeks to identify and implement improvements of key processes such as student administration across the University in order to better meet the needs of all of the stakeholders: Schools, Students, Learning Centres, Registry and other Departments.The New Horizons Project currently underway at Wolverhampton is a sixty million pound development plan. It involves the building of several more buildings and facilities at the university including The Millenium Building and housing a 300 seat lecture theatre, an informal study area, an exhibition hall, a refectory, 1300 students and 200 academic staff. It's being built on the site of the old psychology building, which was, apparently, a complete eye-sore. The project also involves the creation of a lottery funded centre for the British Judo Association, a new sports hall at the Telford Campus and some post-graduate business courses at the Compton Campus.
Campus room rental**:MinimumMaximum
£45£60
Yield range6.1 – 8.1%
 3 bed house (i.e. 2 bed upstairs + 1 converted other)4 bed house5 bed house6 or more bed house
Entry Price£78,000£110,000£155,000£180,000
Median Room Rate£45£40£40£40 
Average Yield B*8.1%6.8%6.1%6.3%
B - Estimated Annual Profit£1,566£1,066£625£924
Financial ScoresTotal(out of 10)Capital Growth(out of 5)Yield(out of 5)
5.532.5
Description:Wolverhampton is often considered to be part of Birmingham, but is actually a large town in its own right. During the last century the town became famous as part of the Black Country, so-called because of the pollution associated with its thriving industrial areas. While Wolverhampton retains its reputation as a major manufacturing centre, today it is equally well known for its excellent shopping centres, nightlife and sporting venues.The University is growing, innovative and friendly with five campuses located throughout the West Midlands and Shropshire.
Websites to advertise on:Local and national student listings: www.student-accom.comCity information for students: www.accommodationforstudents.comStudent listings: www.studentpad.co.ukWest Midlands portal: www.roomsforlet.co.uk/student-accommodationLandlord Postings: www.studenthousehunt.com/
Estate Agents:AddressTelWeb
Oliver Ling74 Darlington Street,
Wolverhampton, WV1 4LY		01902 427041www.oliverling.com/
Bradford And Bingley Marketplace13 Wolverhampton Road, Cannock, Staffordshire, WS11 1AP01543 503678www.bbg.co.uk
Connell20 Darlington Street, Wolverhampton, West Midlands, WV1 4HW01902 885133www.connells.co.uk
David Berriman15 High Street, Tettenhall, Wolverhampton, West Midlands, WV6 8QS01902 747744www.davidberriman.co.uk
Letting Agents: AddressTelWeb
Skitts Estate Agents16 Darlington Street, Wolverhampton, WV1 4HW01902 685208www.skitts.net/
Lawson & Company66 Chapel Ash, Wolverhampton, WV3 0TT01902 428008www.lawsonandcompany.com
Whitegates76 Darlington Street, Wolverhampton, WV1 4LY01902 429035www.whitegates.co.uk
Sanders Wright & Freeman13 Waterloo Road, Wolverhampton, WV1 4DJ01902 575556enquiries@swfestateagents.co.uk
Martin & Co85 Darlington Street
Wolverhampton
WV1 4EX		01902 574910www.martinco.com/

 

City:WORCESTER
UniversitiesUniversity College Worcester
Population:93,358
Student Population:[From UCAS or individual websites]Under GraduatePost GraduateTotal
606511307195
Campus Capacity(576)(0)(576)
 Size of Market548911306619
Drop out rates:University College Worcester13%
Student AreasBroadmore Green, St Johns
Accommodation Officer Contacts:UniversityTelAddressWebLandlord Accreditation Scheme?
University College Worcester01905 855137Accommodation Office
University of Worcester
Henwick Grove
Worcester
WR2 6AJ		www.worc.ac.ukNo
Planned development for cityPlans to refurbish Worcester City centre were given the go-ahead in summer 2003. Worcester City Council has approved the plans to transform the High Street. The council will oversee the project with the help of a steering group which will include council officials, education leaders, the police and shopping centre managers
Planned development for universitiesUniversity College WorcesterUniversity College Worcester has been awarded a £10 million grant from the Strategic Development Fund of the Higher Education Funding Council for England (HEFCE) towards the first phase of the re-development of the former Worcester Royal Infirmary site in Castle Street. This grant is the largest ever awarded in UCW’s history.
Campus room rental**:MinimumMaximum
£41£55
Yield range7.1 – 8%
 3 bed house (i.e. 2 bed upstairs + 1 converted other)4 bed house5 bed house6 or more bed house
Entry Price£105,000£125,000£175,000£210,000
Median Room Rate£55£53£53£53 
Average Yield B*7.4%8%7.1%7.1%
B - Estimated Annual Profit£1,479£2,347£2,089£2,507
Financial ScoresTotal(out of 10)Capital Growth(out of 5)Yield(out of 5)
5.532.5
Description:Worcester is a thriving Cathedral city, set in beautiful riverside surroundings. Its modern amenities offer a first class quality of life. Worcester enjoys excellent access by road, rail and air. Worcester has retained its traditional half-timbered buildings and character, with a street plan dating back to medieval times. The River Severn flows through the heart of the city.
Websites to advertise on:Local and national student listings: www.student-accom.comCity information for students: www.accommodationforstudents.comGood information provided by the university:Student Network: www.studentlandlord.org.uk
Estate Agents:AddressTelWeb
Allan MorrisWorcester Office, Worcester, Worcestershire, WR101905 612266www.allan-morris.co.uk
Andrew Grant59-60 Foregate Street, Worcester, Worcs, WR1 1DX01905 24477www.andrew-grant.co.uk
Bradford and Bingley167 Central Road, Worcester Park, Surrey, KT4 8DR020 83373691www.bbg.co.uk
Humberts4 Foregate Street, Worcester, Worcestershire, WR1 1DB01905 611066www.humberts.co.uk
Letting Agents: AddressTelWeb
Carter JonasCroome Estate Office, High Green
Severn Stoke, Worcester,
Worcestershire, WR8 9JS		01905 371261www.carterjonas.co.uk
G. HERBERT BANKSThe Estate Office, Hill House, Great Witley, Nr Worcester
WR6 6JB		01299 896968www.gherbertbanks.co.uk
Michael TuckBrindley Road Warndon Villages, Worcester, Worcestershire, WR01905 757577www.michaeltuck.co.uk
Parkinson WrightHaswell House, St Nicolas Street
Worcester, WR1 1UN		01905 726789www.parkinsonwright.co.uk
Oaklands Estate Agents45 Foregate Street, Worcester, Worcs, WR1 1EE01905 723307www.remarks-worcester.com

 

City:WREXHAM
UniversitiesThe North-East Wales Institute of Higher Education
Population:128,477
Student Population:[From UCAS or individual websites]Under GraduatePost GraduateTotal
52205955815
Campus Capacity(506)(-)(506)
 Size of Market47145955309
Drop out rates:The North-East Wales Institute15%
Student AreasThe Dunks, Hightown, Wrexham Centre
Accommodation Officer Contacts:UniversityTelAddressWebLandlord Accreditation Scheme?
The North-East Wales Institute01978 293305/2The Accommodation Office
NEWI, Plas Coch
Mold Road
Wrexham
LL11 2AW		www.newi.ac.uk/Yes
Planned development for cityCouncillors have approved proposals made to redevelop a rundown part of Wrexham town centre. The Bridge Street regeneration scheme gained a £1.6m package from the Welsh Assembly Government in 2003 to upgrade the area and attract investment. They also approved the first application to build new houses in the area since the scheme began.
Planned development for universitiesThe North-East Wales InstituteThe University of Wales has recommended that NEWI be invited to become a full member of the University, after years of Associate membership.This announcement is being seen by staff at NEWI as a recognition of the commitment shown by NEWI towards providing excellent higher education for the local community. The new status will be regarded as a reward for the Institution’s efforts in attracting people who would not otherwise have considered studying at university.It is hoped that the news will provide a further boost to the North Wales economy as businesses seek NEWI’s help in creating a knowledge driven economy across the region.
Campus room rental**:MinimumMaximum
£42£59
Yield range6.5 – 8.3%
 3 bed house (i.e. 2 bed upstairs + 1 converted other)4 bed house5 bed house6 or more bed house
Entry Price£75,000£100,000£135,000£190,000
Median Room Rate£44£42£43£44
Average Yield B*8.3%7.9%7.5%6.5%
B - Estimated Annual Profit£1,589£1,817£2,009£1,377
Financial ScoresTotal(out of 10)Capital Growth(out of 5)Yield(out of 5)
5.532.5
Description:Wrexham has been a bustling market town for 300 years. It is Wales' fourth largest town and home to its oldest football team. The centre is full of character and charm as well as having two indoor shopping centres.  It has many pubs, which serve real ale and have a real atmosphere. There are also some lively restaurants and clubs in the town. Wrexham is in the heart of the Welsh borderlands and acts as a gateway to North Wales.The surrounding countryside is amongst the most beautiful in Britain. There are beaches and mountains located within a short driving distance from Wrexham. Opposite the Plas Coch campus a retail park has been developed. This complex contains a 6-screen cinema as well as a major supermarket.
Websites to advertise on:Local and national student listings: www.student-accom.comCity information for students: www.accommodationforstudents.comEasy roommate: http://uk.easyroommate.comUniversity guide: www.newi.ac.uk/students/student_guide_web/accommodation.htmLetting for students: http://andrewspms.co.uk/smith/
Estate Agents:AddressTelWeb
G And A Estates41 King Street, Wrexham, Clwyd, LL11 1HR01978 312800
Jones Peckover33 High Street, Wrexham, Clwyd, LL1101978 364283http://www.jonespeckover.com
Seth Hughes And SonSt Georges Cresent, Wrexham, Clwyd, LL1101978 265123
Wingetts29 Holt Street, Wrexham, Clwyd, LL13 8D01978 353553http://www.wingetts.co.uk/
Letting Agents: AddressTelWeb
Kent Jones47-49 King Street, Wrexham, Clwyd, LL11 1HR01978 266789http://www.homesonview.co.uk
Molyneux35-37 King Street, Wrexham, Clwyd, LL11 1LG01978 262275http://www.molyneux-estateagents.co.uk/
Swetenhams43 King Street, Wrexham, Clwyd, LL1101978 265678http://www.sequencehome.co.uk
Thomas C Adams - Wrexham19 King Street, Wrexham, Clwyd, LL11 1HF01978 290000http://www.thomascadams.com
Whitegates - Wrexham2 King Street, Wrexham, Clwyd, LL11 1LE01978 312123http://www.whitegates.co.uk

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