For Sale

Stoke-on-Trent – Student investment portfolio

London House, Kiln House and Poulson House, London Road, Stoke-on-Trent

Offers in excess of £17,675,000

Property Types:
Residential, Student
Tenure:
Freehold

Description

Freehold portfolio comprising three fully operational student accommodation buildings with a total of 294 student bedspaces with additional retail and commercial income

  • London House:
    • 72 ensuite rooms arranged in 16 cluster flats and 4 studio flats
    • Fully let ground floor retail
  • Kiln House:
    • Purpose Built Student Accommodation completed in 2018
    • A total of 96 bedspaces: 74 studios and 22 “Tudios”
  • Poulson House:
    • Purpose Built Student Accommodation completed in 2017 comprising 122 studios
  • Overall Portfolio:
    • 294 student bedspaces, four fully let retail units and telephone mast income
    • Total Current Rent (Academic Year 2019/20): £1,410,251
  • Operated by Green Pad (owned and run by Staffordshire University Students’ Union)
  • Prime location 0.96 km (0.6 miles) from the main Staffordshire University campus
  • Staffordshire University recently ranked 37th in the 2020 Guardian League Table

Offers in excess of £17,675,000 are invited for the portfolio in its entirety. We are inviting offers either collectively for the portfolio in its entirety or for the buildings individually.

Subject to contract