Manor Interiors, the build-to-rent furnishing solutions provider, analysed current PBSA student rental stock levels and found across the UK there were just 469 student hall rental rooms listed online, although 77 had already been listed as let agreed.
In contrast, some 22,265 private student properties were listed and while 23 per cent had already been marked as let agreed, this leaves some 17,073 student rental homes available.
Manor Interiors then looked at what percentage of this stock had already been let across the UK’s major university cities, to highlight where the biggest shortage is and which locations still offer a good chance of finding university digs.
Bristol is also in high demand at 67 per cent, closely followed by Glasgow at 64 per cent, Cardiff with 61 per cent, then Cambridge at 57 per cent.
In sixth place came Edinburgh, then London, Portsmouth, Southampton and Nottingham.
In contrast, just four per cent of listed student rental stock has already been let in Swansea, the lowest level of all major university towns.
Birmingham also presents a strong chance of still finding student digs, with just eight per cent of student accommodation already listed as let agreed.
CEO of Manor Interiors, Farhan Malik, (pictured) said: “While the majority of students will have already secured their accommodation ahead of the new academic year, high demand has seen many struggle to do so within the PBS sector and many more have arrived to find a less than adequate offering.
As a result, demand for private student housing remains extremely high across a number of major UK university towns and luckily there is a strong level of stock to accommodate this demand.
However, the focus must remain on ensuring we have enough suitable accommodation, particularly for those heading away from home for the first time who are reliant on the PBSA sector.”
