ABERYSTWYTH is seeing an increase in vacant properties for rent because of a drop in students, a Ceredigion council report has claimed.
The council’s report into the housing market across the county has ruled that Aberystwyth is likely to see an increasing amount of vacant properties, especially houses of multiple occupation, as student numbers drop and the amount of university accommodation increases.
While the report claims it is unknown whether that situation is a “blip”, it warns that landlords may have to alter how they rent properties and to which sector, to ensure they can rent out their properties.
“Changes in the supply of university accommodation and in numbers of higher education students have had the immediate effect of increasing the number of vacant properties in the Aberystwyth area," the report said.
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