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Lucas Studios 291-295 Corporation St 62 Unit Apartment Building £5,900,000 (£95,161/Unit) Birmingham B4 7DP
INVESTMENT HIGHLIGHTS
- 62 large studio bedrooms averaging over 24 sqm.
- Fully sprinklered with institutional building safety standards
- Excellent letting history, low rents and exciting asset management angles
EXECUTIVE SUMMARY
Seeking offers in excess of £5,900,000, reflecting just £95,000 per bed. The Property is adjacent to Aston University campus and is comprised 62 studios averaging over 24 sqm, some with balconies and terraces.
PROPERTY FACTS
| Price | £5,900,000 | Apartment Style | Mid-Rise |
| Price Per Unit | £95,161 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 0.08 ac |
| Tenure | Long Leasehold | Property Size | 20,000 sq ft |
| No. Units | 62 | No. Floors | 9 |
| Property Type | Build-to-Rent | Year Built | 2015 |
| Property Subtype | Apartment |
| Price | £5,900,000 |
| Price Per Unit | £95,161 |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Units | 62 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.08 ac |
| Property Size | 20,000 sq ft |
| No. Floors | 9 |
| Year Built | 2015 |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Package Service
- Bicycle Storage
- Lounge
- Public Transportation
- Key Fob Entry
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 62 | - | 263 |
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Lucas Studios | 291-295 Corporation St
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