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Student Accommodation 19 South Ward Rd 215 Unit Apartment Building £1,250,000 (£5,814/Unit) Dundee DD1 1PU
INVESTMENT HIGHLIGHTS
- Prime PBSA development site with the benefit of a full planning consent for 215 PBSA beds including 110 cluster beds and 105 studios
- Ideal City Centre location with strong local amenity offering, and excellent transport connectivity
- High quality external and internal amenity offering, comprising 2.7 sq m per bed
EXECUTIVE SUMMARY
Vendor is seeking offers in excess of £1,250,000 (One Million, Two Hundred and Fifty Thousand Pounds) for the Heritable interest in the site, which reflects a residual price per bed of £5,813. Vendor will also consider offers on the basis of a forward funding transaction, and has an experienced development team in place to deliver the proposed scheme. Further information is available should this be a preferred option.
PROPERTY FACTS
| Price | £1,250,000 | Property Subtype | Apartment |
| Price Per Unit | £5,814 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Costar Property Class | B |
| Tenure | Freehold | Construction Status | Proposed |
| No. Units | 215 | Property Size | 71,763 sq ft |
| Property Type | Build-to-Rent | No. Floors | 8 |
| Price | £1,250,000 |
| Price Per Unit | £5,814 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Units | 215 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Construction Status | Proposed |
| Property Size | 71,763 sq ft |
| No. Floors | 8 |
AMENITIES
UNIT AMENITIES
- Microwave
- Kitchen
- Satellite TV
- Oven
- Recreation Room
SITE AMENITIES
- 24 Hour Access
- Rubbish Collection - Kerbside
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 105 | - | 145 |
| 4+2 | 60 | - | 160 |
| 5+2 | 50 | - | 165 |
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Student Accommodation | 19 South Ward Rd
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