Opportunity to acquire a fully-let, modern and recently re-furbished scheme in an established university town with access to London Waterloo in just 32 minutes. The building consists of 5 storeys – the lower 2 levels, the lower ground and ground floors, are currently non- residential accommodation including reception, common spaces, office spaces, kitchen/dining facilities, back of house and plant rooms. The operational scheme comprises of 130 beds, arranged across 8 room types inclusive of Ensuites (86%) and Studios (14%). These are provided in a range of specification levels; classic, deluxe and premium. The office space is let out for £49,000 per annum. The building was originally completed in 1989, and has since been renovated in 2023.
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