What is the reason behind the 60% price rise of Canterbury property over the past 10 years?

Supply issues result in limited availability of houses in Canterbury. 46,000 students make up thirty percent of population thereby putting pressure on housing stock and driving up rents. How to benefit from the property shortage in Canterbury?
 
 
Chaucer Court main compressed
Chaucer Court main compressed
CANTERBURY, U.K. - May 10, 2013 - PRLog -- Supply and demand. Forty six thousand of the total population of 149,000 people living in Canterbury are students.  The Universities s only provides 22.8% of the current demand; which means that over 35,000 students are renting in private tenanted accommodation.

The student living in private rented accommodation is driving up the prices of family homes due to shortage in supply. The present trend is for local governments to adopt the Article 4 Direction which requires special permission for family homes to be occupied by three or more unrelated tenants.

There is push towards purpose built accommodation like the Canterbury Student Village; a 336 room development within walking distance from the university campuses and town centre. Students will feel enjoy living in one of the en-suite rooms or studios which come fully furnished in a secure canal side development with a commons room and onsite laundry.

Investors will reap the rewards of a 9% (£ 5,400 to £ 6,750 per annum) rental assurance which has been granted over 5 years thereby providing a secure hand free investment. Student numbers are ever increasing in the historic Cathedral City that is within easy reach of London.

‘Investors can grasp a hold of steady income of from as early as January 2014’ says One Touch Property Investment Director Arran Kerkvliet.  Canterbury Student Accommodation Investment http://www.propertymarket-investment.co.uk/student-accomm... is proving to be a very exciting launch – one of the first in the South East – very popular with retires and overseas investors seeking high yield investment property.
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