TABLE OF CONTENTS

Title                                                                                                                        Page

Cover Page                  -                       -                       -                       -                       i

Certification                -                       -                       -                       -                       ii

Dedication                  -                       -                       -                       -                       iii

Acknowledgement      -                       -                       -                       -                       iv

Table of Contents       -                       -                       -                       -                       v

Abstract                      -                       -                       -                       -                       ix

List of Tables              -                       -                       -                       -                       x

List of Figures             -                       -                       -                       -                       xi

CHAPTER ONE:                             INTRODUCTION

1.1  Background of the Study             -                       -                       -                       1

1.2  Statement of the Problem             -                       -                       -                       2

1.3  Aim and Objectives of the Study -                       -                       -                       3

1.4  Research Question s                      -                       -                       -                       3

1.5  Scope of Study                             -                       -                       -                       3

1.6  Significance of Study                   -                       -                       -                       4

1.7  Study Area                                    -                       -                       -                       4

CHAPTER TWO                             REVIEW OF RELATED LITERATURE

2.0       Introduction                            -                       -                       -                       5

2.1       Property and Property Development              -                       -                       5

2.2Attributes of Property             -                       -                       -                       9

2.3       Rent and Rental Value           -                       -                       -                       9

2.4       The Effect of the University location on Property Value       -                       12

2.5       Economic Effect of the University of Uyo on its Neighbourhood                14

CHAPTER THREE             RESEARCH DESIGN

3.1       Data Collection Analysis        -                       -                       -                       17

3.2       Data Collection Instrument    -                       -                       -                       18

3.3       Method of Data Analysis       -                       -                       -                       18

3.5       Study Population                    -                       -                       -                       19

3.6       Sample Size and Sampling Technique            -                       -                       19

CHAPTER FOUR                DATA COLLECTION PRESENTATION

4.1       Data Presentation                    -                       -                       -                       20

4.2       Data Analysis                          -                       -                       -                       20

CAHPTER FIVE:        SUMMARY OF FINDING, CONCLUSION AND

RECOMMENDATION

5.1       Summary of the Study            -                       -                       -                       31

5.2       Conclusion                              -                       -                       -                       32

5.3       Recommendation                    -                       -                       -                       33

REFERENCES

APPENDICES

ABSTRACT

The establishment of the University of Uyo in Ikpa Road, Uyo Local Government Area of Akwa Ibom State has brought about real estate development and also has been able to command increase in its rental trends. This study analyzes the impact of the university mostly on the residential properties in the study area. With its objectives being to help identify the various class of population with the study area which tends to affect the rental value. Also to identify the various types of residential properties developed in the study area and finally, determining the rent passing on developed residential properties which in turns helps to analyze the impact of the siting of the University of Uyo on rental value around the study area. The research design used was the before and after which aids in recognizing the changes observed before the university was sited and after it was sited. Questionnaires were handed out to the residents of the area being both the tenants and the landlords who were interviewed orally in other to gather more data. The collected data was presented using simple percentage and analyzed using correlated analysis. It was observed that before the establishment of the university in the area, teaching and nonteaching staff became a large part of the population. It could be observed that before and after the siting of the university, there has been a change in the type of residential properties developed in the area. These developments have led to increase in the rent passing on these properties in the study area. The effect which was grouped into environmental effects, in form of increase in population and land use, economic effect in form of increase in business and commercial effect in form of increase in business and commercial activities. Infrastructural effect in form of better electricity, water supply and transportation network has increased tremendously in the study area.

LIST OF TABLES

Table 1:           Building characteristics subdivided into building

type, size of unit, amenities and maintenance                        -           12

Table 2:           Distribution of Questionnaires            -                       -           20       

Table 3:           Age of Respondents   -                       -                       -           21

Table 4:           Sex of Respondents    -                       -                       -           21

Table 5:           Interest in the Property                       -                       -           22

Table 6:           Response on Population Observed in the Area

before the Establishment of the Institution                -           22

Table 7:           Response on Population Observed in the

Establishment of the University         -                       -           23                   

Table 8:           Response on the Types of residential property

Observed in the Area before the Establishment

of the University         -                       -                       -           24

Table 9:           Response on the Types of Residential Properties

Observed in the Area after the Establishment of

the University             -                       -                       -           25

Table 10:         Response on the Rent Passing on the Residential

Properties Type before the establishment of the

university 1990-1991  -                       -                       -           26

Table 11:         Information on the Rent Passing on the Residential

Properties Type after the establishment of the

University in the Area ( 2016-2018)  -                        -           26

Table 12:         Rent Passing after the Establishment of the

University on Residential Properties (2000-2006)      -           27

Table 13:         Rent Passing after the Establishment of the

University on Residential Properties (2007-2013)      -           27

Table 14:         Rent Passing after the Establishment of the

University on Residential Properties (2014-2018)      -           28

Table 15:         Response on the Effect of Siting of the

University Institution on Property Values

in the Area -                -                       -                       -           28

Table 16:         Responses on the Infrastructural Effect such as

Water, Electricity and Transportation Network