Leeds tops UK student rental growth

Student accommodation in Leeds had the highest annual rental growth among regional university cities during the academic year 2019/20, according to Knight Frank. As a mature market with a large number of students, Leeds has seen high levels of development in recent years, but it was still able to report rental growth of 4.62%. It was followed by Colchester (4.47%) and Derby (4.24%). The UK average was 2.36%, up from 2.26% in 2018/19. Knight Frank’s report examined rental growth of university and privately-owned purpose-built student accommodation in the top 40 largest markets. Rents rose in 89% of the cities surveyed,