An academic short let is just like a short let rental property, lasting between a few weeks to six months, but for students. At Hamptons, our lettings experts know all about students’ rental requirements and can share their expertise across our London and Southern 90-strong branch network. So if you need any advice or want to find out more about our complimentary property finding service to take the hassle out of finding your perfect home from home to study in, please contact us today.
What are a landlord’s benefits for short-letting a property to students?
Often short-let properties come with rental premiums compared to long-term lets, which can make it an attractive option to many landlords. If you are considering letting a property, it is always worth asking for both the long and short-term rental value so you can decide which option is best for you.
Short-lets allow you as a landlord to make other decisions about your rental property should you need to make any, or even with your portfolio if you have more than one property, as you are in a more flexible situation.
Short letting to students also provides an even higher increased demand for your property, guaranteed almost year-round, as it is within an area close to a university where there is a dense population of students.
Why do tenants consider renting an academic short-let property?
The main reason we see many people using academic short-let properties is when they have had a relocation due to their studies, often when starting university. With students, these relocations tend to happen quickly and in a completely new location with only a month's notice, so a short, more temporary solution is often sought after, particularly whilst they get used to living in a new area.
Below are some of our most popular short-let areas for student properties:
Bermondsey, London
Bermondsey is a busy area of converted warehouses and modern riverside flats. There are a variety of things to do from cosy pubs, eateries, and indie shops to an antiques market and gourmet food stalls beneath Maltby Street Market’s railway arches. If that variety isn't enough, there's also the Fashion and Textile Museum and the White Cube contemporary art gallery.
Richmond, London
Richmond borders the River Thames and is an affluent residential district. Kew Gardens' tranquility attracts botanical enthusiasts and families whilst herds of deer roam the popular picnic spot, Richmond Park. The Quadrant main street and surrounding area has eclectic shops, a variety of dining choices, and performances at Richmond Theatre.
Guildford, Surrey
Bath, Somerset
Oxford, Oxfordshire
Oxford, is a city that revolves around its prestigious university, established in the 12th century. The architecture of its 38 colleges in the city’s medieval center led to the nickname of 'City of Dreaming Spires'. The city also includes a Botanic Garden on the River Cherwell so it is a city full of sightseeing opportunities.