The Benefits of Developing Purpose Built Student Accommodation
At Ashbrookes Group, we believe that access to education is everything, which is why it is one of the driving forces behind our commitment to developing high quality, purpose-built student accommodation (PBSA) that provides a supportive and enriching environment for students to thrive. There has been a growing demand for student accommodation as more students are pursuing higher education globally, however this falls in conjunction with a UK wide shortage of student housing, which is where we step in.
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However, we aren't simply developing student properties for the sake of it. Creating and investing in quality student accommodation can provide numerous benefits including socioeconomic advantages for students and the local community, which include:
1. Increased demand: With more students seeking quality accommodation options in the UK, high occupancy rates and steady rental incomes are almost guaranteed, ensuring a stable return on investment.
2. Improved student experience: Our properties provide comfortable living spaces with modern facilities designed to meet the unique needs of students, with features and amenities that promote academic success and offer a positive environment in which to study, socialise and relax.
3. Attracting international students: Quality housing solutions are a huge attraction for international students, who often seek premium living spaces that offer modern amenities and a convenient location close to their university.
4. Boost to local economy: The development of quality student accommodation can provide a boost by attracting more people to generate economic activity in the local area.