Anyone's parents bought them a house to live in at uni?Watch
I've heard it's a good investment for parents and obvs great for students but wondering how common it is?
Most likely you'll need to lower rent if you want students in afterwards, but they'll always be a demand I imagine. However, if you get some bad tenants they could wreck the place, especially students.
It's an investment in the sense that if the owner is paying say £800 a month on the mortgage, and then charging £115ppw (Given the going rate for the area), he's then making nearly £7K a year profit on the property.