The changing face of the South Coast property market

The student housing market is booming with JLL predicting it will account for £1 in every £10 invested in UK commercial property in 2017.

JLL claimed the trend was being replicated in Southampton as a result of the University of Southampton’s growth plans.

Southampton is also expected to see a rise in the number of private rented sector (PRS) and co-living housing schemes in which investors buy up blocks of property for the purpose of buy-to-let, benefiting from both rises in value and rent.

The student housing sector has increased significantly in major cities, such as London and Bristol, but it’s now spreading to smaller regional cities, including Southampton.

Emma Eaglestone, head of office in Southampton for JLL, said: “The decision by central government to lift the restrictions on student numbers within the university sector – coupled with the huge increase in revenue from student fees and increasing numbers of foreign students – has fuelled a major investment across the sector in capital projects.

“We have witnessed this in all of the five universities across the South, two in Southampton, Bournemouth, Portsmouth and Chichester.”

JLL has also predicted a big change in how buildings along the south coast will be constructed over the next decade, with new homes being produced via modular building.

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