THE idea of letting your property to students may fill you with dread amid the prospect of carpets being destroyed in a matter of months and complaints about all night parties from the neighbours.
But the smart money is where the college campuses are, if you want to get a good return on your buy-to-let investment.
Latest figures from Zoopla.co.uk show Glasgow as the most desirable student town for British landlords, with an average gross yield of 4.95 per cent.
While most students dream of getting a place at a prestigious Oxbridge college, landlords are likely to be looking at the returns that can be achieved from those university towns topping the league table published by Zoopla.
Rounding out the top five behind Glasgow (4.95 per cent) are Hull (4.80 per cent), Manchester (4.59 per cent), Cambridge (4.54 per cent) and Bristol (4.29 per cent).
The research revealed that the average gross yield on a typical four-bed student property across Britain is 3.79 per cent. In terms of university towns that student landlords might wish to avoid, those with the worst returns currently are Carlisle (2.58 per cent), Middlesbrough (2.61 per cent) and Bournemouth (3.09 per cent).
Despite having Britain's largest student population, London came in as only the 10th most attractive place to invest in student accommodation.
Despite fierce demand for rental accommodation, house prices in the capital are increasing more rapidly than rents and reducing the returns on offer for landlords. The average gross yield on a typical student property in London is 4.20 per cent.
In terms of best value for students, the cheapest digs are in Middlesbrough where the average monthly rent for a four-bed property is just £562. At the other end of the scale, London is by far the most expensive with an average four-bed property costing £3,485 per month. Oxford (£1,834) and Cambridge (£1,628) are also among the most expensive.
Lawrence Hall, of Zoopla.co.uk, said: "The largest number of students or most prestigious university clearly isn't necessarily best for investment returns. Landlords need to do their research and take into account the student demand, property supply, average property values and average monthly rents.
"There is no apparent north/south divide when it comes to student buy-to-let investments and a number of towns in the north are showing higher gross yields than the south due to property values remaining lower over the past few years while rental demand has increased."