Exchanged

Newcastle – Freehold PBSA comprising 314 bedrooms

Genesis Student, Stepney Lane, Newcastle

Offers in excess of £11,000,000

Property Types:
Residential, Student
Sub Type:
PBSA
Tenure:
Freehold

Description

  • By order of Paul Davies and Sandra Mundy as Joint Administrators on Tyne Region North Stepney Limited
  • Freehold purpose built student accommodation
  • 314 well proportioned non-ensuite direct-let bedrooms
  • Prime location in Russell Group university city
  • An asking price offer would equate to a low capital value per bed space of £35,031

Subject to contract