Two-bedroom apartments and two or three-bedroom houses are most sought after among this group. Two-bedroom apartments cost in the region of £250,000 to £300,000 and rent out for around £1,500.
Two to three-bed houses are typically priced between £370,000 to £420,000. Stock tends to be largely houses built in the late 1990s and early 2000s with pockets of 1950s-1970s semi-detached houses. Yields of 5.5pc and up are achievable.
Stoke Gifford, Horfield and Frenchay are also popular with UWE postgraduates.
Further afield for families
The villages of Bitton, Longwell Green and Hanham, between Bristol and Bath, are popular with young families. Rents have been steadily increasing, according to Hamptons, and demand is strong.
Landlords can pick up properties slightly cheaper here than in locations closer to either city.
For example, a three-bedroom semi-detached property in good condition would cost from £350,000 to £375,000 in these villages which are a few minutes’ drive from one another. They achieve rents of between £1,400 and £1,500.
Local pubs, supermarkets and post offices make for convenient village living. “It’s a quieter lifestyle but you still have good amenities on your doorstep,” says Crayman. Rents are still rising, but not in a “drastic way”, he adds.
Northeast of Bristol lies the popular town of Yate, near the Cotswolds. The town centre supplies residents with the essentials, and there is a train station which lies on the Bristol-Birmingham line. It’s also well-placed for access to open spaces such as Ridge Wood Nature Reserve and Kingsgate Park.