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Student Accomodation Portfolio (3)

United Kingdom

54%

Offers invited

Special purpose

#35340

Core+

22 Nov 2024

Property Details

Broker

For sale

Leasable area

Freehold

X

Fees

0.00 %

0.40 %

0.40 %

0.40 %

Investment Overview

Opportunity to acquire a rare purpose-built student accommodation en-suite-led portfolio (582 beds) with assets located in Newcastle, Sheffield, and Coventry. Three Russell Group universities with exposure to a total of six higher education institutions and 166,050 full-time students (HESA 2022/23). Asset management potential to enhance the portfolio and its rental income. All three assets are managed by the established operator CRM. Contracted gross rental income for the 2024/25 academic year totals £3,201,070.