Student Investment Opportunity, London

Lurgan Street, London, W6 8BJ

200,000 sq ft
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Here is a summary of the opportunity e.g. Horsham, West Sussex – A substantial freehold residential

 

Summary

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Location

Located in Horsham town centre and within walking distance from Horsham Mainline Train Station providing regular services to London and the South Coast

Get directions from Google Maps

Mainline Stations

  • Kensington (Olympia)
    12 mins
  • West Brompton
    19 mins
  • Shepherd's Bush
    20 mins
  • Imperial Wharf
    36 mins

Underground Station

  • Barons Court
    4 mins
  • Hammersmith (District)
    4 mins
  • Hammersmith (Met.)
    7 mins
  • West Kensington
    10 mins

Further Information

Price Offers from £6,000,000

Rates Payable Upon Enquiry


Description

• Freehold purpose built student accommodation investment comprising 49 en-suite rooms
• Fully let for Academic Year 2021/22
• Current Gross Rent Reserved for Academic Year 2021/22 (inclusive of bills): £257,729
• Excellent location for the University of Suffolk being on Campus North and 100m from the Student Union, Business • School and University of Suffolk Library
• University of Suffolk student numbers have grown from 5,060 in 2014/15 to 9,565 in 2019/20
• Ipswich has a shortage of purpose built accommodation with only 744 PBSA bed spaces on offer

Offers

Offers in excess of £6,000,000 are invited for the Freehold interest, subject to contract and existing tenancies. A guide price offer reflects a gross yield of 10.30% based on the current gross rent received

Downloads

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