Student Block x15 Units, Holland Place, Knowledge Quarter, Liverpool L7 8TU
Key Features
- Expected Rent (26/27) Academic Year £80,580
- x3 Bed, x4 Bed & x8 Bed Apartments
- Potential Gross Rent £91,290+
- Planning Permission in Place
- Prime Student Location
Full property description
StudentHive are delighted to present for sale this Freehold block, currently configured as a 3 bed, 4 bed and 8 bed (15 beds total), each of which with their own entrance.
The block has planning in place for a “16 Unit Student Block” (Reference 13F/0851) and is located on the edge of Liverpool’s Knowledge Quarter, within walking distance of multiple university campuses, making it an ideal location for students.
Although marketing for students didn’t start until August, it is expected the block will be fully let for the 26/27 year to students. It’s estimated to acheive c. £80,580 per annum. This should be able to reach in the region of £90,000 per annum the following academic year once a full marketing period has been able to take place.
Being offered at a sale price of £750,000, it is being sold at an incredibly attractive £50k Per Bed. There is also huge potential with the site, with an exceptionally large rear yard which could be suitable for further development (subject to planning).
