Brunel University‘s students are the most profitable to house, according to the latest study from Alan Boswell Landlord Insurance.
The landlord experts utilised average rent and number of bedrooms for students in different university cities to calculate where profits are highest. Then, they accessed their unique insurance database to deduct the cost of insurance for landlords in the area to determine where income was highest for property managers.
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University | Location | Average rent (£) | Average bedrooms | Average cost of landlord insurance (£) | Monthly Income (£) |
Brunel University | London | £640 | 5.6 | £386 | £3,163 |
Edge Hill University | Ormskirk | £738 | 4.7 | £321 | £3,148 |
Royal Holloway | Egham | £630 | 5.1 | £375 | £2,851 |
University of Gloucestershire | Cheltenham | £553 | 5.6 | £260 | £2,819 |
University of Oxford | Oxford | £837 | 3.8 | £375 | £2,799 |
University College Birmingham | Birmingham | £608 | 5.0 | £359 | £2,654 |
University of Bedfordshire | Luton | £613 | 5.3 | £617 | £2,653 |
Buckinghamshire New University | High Wycombe | £632 | 4.8 | £387 | £2,615 |
The University of Nottingham | Nottingham | £538 | 5.7 | £444 | £2,606 |
Nottingham Trent University | Nottingham | £535 | 5.7 | £444 | £2,589 |
With an average profit of £3,163, Brunel University students are Alan Boswell Landlord Insurance‘s top recommendation for student landlords to invest in. Student houses in the area have a whopping 5.6 bedrooms on average, 2 more than the UK average (3.6 bedrooms). Landlords in the area will also benefit from more affordable insurance premiums, at £386 – less than two thirds the cost for University of Bedfordshire students (£617).
At just £15 less income, Edge Hill University student landlords have the second highest opportunity for profit (£3,148). Houses for Edge Hill students have the second lowest premiums in the top 10 (£321), higher only than the University of Gloucestershire (£260). Rent is also the second most expensive in the top 10 (£738), behind only the University of Oxford (£837).
Royal Holloway University is in third, with monthly profits at £2,851. The average student household has 5.1 bedrooms, with each tenant paying £630 on average.
For results on every UK university analysed, please see here.