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Overview of Nottingham’s Student Apartment Market
When you look at the student apartment market in Nottingham, you can’t help but be excited about the potential this city offers.
This city has a lot of different kinds of students because it is home to two big universities: Nottingham Trent University and the University of Nottingham. The demand for quality student accommodation is massive, which is music to an investor’s ears.
It’s a prime location that many savvy investors capitalise on. But avoiding modern conveniences can cause you to miss out on chances. These days, students want more than just a bed or a place to sleep.
They want a lively place to live. If you invest in properties that meet these needs, they will not only rent out faster but also give you a better return.
In the bustling student areas of Nottingham, including well-located options near each university campus, student apartments and Nottingham student houses offer a range of student accommodation choices, from cozy student flats with double beds to spacious student houses, making Nottingham accommodation an ideal choice for those seeking quality living near campus.
The Increasing Demand for Student Apartments in Nottingham
It’s really impressive how much people want student apartments in Nottingham. A lot of foreign students come to this city every year to go to university, which makes the rental market very strong.
Demand for accommodation is still solid given over 62,000 full-time students enrol at Nottingham Trent University and the University of Nottingham.

Local and international students alike look for apartments close to their colleges and city attractions, therefore guaranteeing constant demand for homes near campuses and the city centre.
Economic Impact and Local Benefits
The Nottingham City Council’s “Student Accommodation Update 2024” report shows that these colleges sustain 25,000 jobs and yearly earnings of £3.8 billion, therefore greatly boosting the local economy.
This economic activity highlights the necessity of regional student accommodation even more, therefore supporting the market’s appeal to possible investors.
Attractive Rental Yields Compared to Other Property Types
The rental yields of student accommodation often surpass those of traditional buy-to-let properties. In Nottingham, these returns usually fall between 7% and 8%, although occasionally they might be somewhat higher. This surpasses returns seen in more conventional rental properties, where renters usually have fewer expectations regarding rent.
When it comes to student housing, nowadays students have higher expectations. They are searching for homes with quick internet, contemporary kitchens, and shared spaces more and more.
Properties that satisfy these requirements often rent faster and charge more. In a competitive market, improving basic facilities will help a student home appeal much more, hence increasing occupancy rates and rental income.
Supply and Occupancy Rates
The purpose-built student accommodation (PBSA) in Nottingham has grown substantially as the local council approves such projects. With barely 0.8%, the PBSA vacancy rate for the academic year 2022–23 was shockingly low. This figure indicates the continuous demand for student housing even with increasing supply.
Rising Rental Costs
Rents for student housing in Nottingham have risen considerably in recent years. The average yearly rent for student housing in 2023/24 was £8,427, up 15.5% from 2021/22.
Inflation, rising energy costs, and other financial pressures have all contributed to this increase, but it also shows that investors have the potential to generate more rental revenue in the coming years.
Featured Property Investment Opportunities
But, before we move further in the blog, here are a few properties we highly recommend checking out if you’re serious about making a smart property investment in Nottingham:
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