Commercial Property for sale

Cleveland Studios, Wolverhampton, WV1 3BF

Contact Agent

Call Agent 0333 242 0020

Marketed by

Watling Real Estate Birmingham

75-77 Colmore Row, Birmingham B3 2AP

Properties for sale

Available

Cleveland Studios, Wolverhampton, WV1 3BF

1 of 6

Guide Price

£4,500,000

Cleveland Studios, Wolverhampton, WV1 3BF

19579 sq. ft (1818.95 m²)

Contact Agent Call Agent 0333 242 0020

Key features

Purpose-built student accommodation scheme providing 63 studios with large ground floor commercial unit.
Modern development completed in November 2025
Prime City Centre location within walking distance of the University of Wolverhampton
Estimated gross rental value of ｣528,000 p.a. when fully-let
Over 30,000 students at the University of Wolverhampton, with over 20% growth in student numbers since 2019/20
Ranked no.1 university in the West Midlands and top 10 in the UK in 2026 Whatuni Student Choice Awards
Strong Asset Management and Value Enhancement Potential
Guide price of ｣4.5m reflecting a reversionary yield of 11% against ERV

Description

The property comprises a freehold purpose-built student accommodation block completed in November 2025, providing 63 studio rooms over first, second and third floors, with a commercial unit to the ground floor.
The self-contained studio rooms range from approximately 18 sq.m. to 29 sq.m. with modern internal finishes.
Communal facilities include student common room, laundry room and cycle stores. The commercial unit is open plan with substantial glazed return frontage onto both Cleveland Street and Victoria Street and provides an approximate gross internal area of 6,652 sq.ft. (618 sq.m.).
Please note, the above floor areas are based upon the approved floor plans for the property.

Reference: 223158_sales

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Marketed by

Watling Real Estate Birmingham

75-77 Colmore Row, Birmingham B3 2AP

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