Marketed by
Watling Real Estate
Manchester
Broadhurst House, 56 Oxford St, Manchester M1 6EU, UK
Available
1 of 6
POA
One Islington Plaza, Devon Street, Liverpool, Merseyside, L3 8HA
Key features
- Units configured as two complete 6-bedroom cluster flats and three studio apartments
- Modern, purpose-built block completed in 2019 and presented in good condition throughout
- Prime location within a 12-minute walk of the University of Liverpool, 13-minute walk of Liverpool John Moores University, and 1-minute walk of Liverpool Hope University's Creative Campus
- Net operating income of ï½£43,000 for the 2024/2025 academic year, equating to approximately ï½£2,867 per unit
- Stable income profile forecast for the 2025/2026 academic year
- Fully managed, hands-off investment operated by Cloud Student Homes
- Strong occupancy rate of approximately 95% across the scheme
- Long leasehold interests of 250 years from 11 October 2016
- Offers invited. The preference is for offers for the portfolio in its entirety however consideration may be given to offers made for a collection of units or on an individual unit basis.
Description
Central PBSA Investment Opportunity
One Islington Plaza is a modern, purpose-built student accommodation scheme comprising 317 leasehold units, including a mix of studios and cluster flats.
The subject property comprises 15 individual leasehold rooms, arranged as x2 self-contained cluster flats configured in 6-bedroom groupings and three self contained studio flats. Each cluster benefits from shared kitchen and living facilities.
The units are held on long leasehold interests for a term of 250 years from 11 October 2016.
Completed in 2019, the building is of modern construction and is presented in good overall condition. The development provides a comprehensive range of on-site amenities, including a gym, cinema room, communal lounge, dedicated study areas, games room, secure cycle storage and an on-site management team.
Individual units are fully furnished to a good standard, typically including a bed with under-bed storage, study desk and chair, wardrobe, and a private en-suite bathroom.
One Islington Plaza is a modern, purpose-built student accommodation scheme comprising 317 leasehold units, including a mix of studios and cluster flats.
The subject property comprises 15 individual leasehold rooms, arranged as x2 self-contained cluster flats configured in 6-bedroom groupings and three self contained studio flats. Each cluster benefits from shared kitchen and living facilities.
The units are held on long leasehold interests for a term of 250 years from 11 October 2016.
Completed in 2019, the building is of modern construction and is presented in good overall condition. The development provides a comprehensive range of on-site amenities, including a gym, cinema room, communal lounge, dedicated study areas, games room, secure cycle storage and an on-site management team.
Individual units are fully furnished to a good standard, typically including a bed with under-bed storage, study desk and chair, wardrobe, and a private en-suite bathroom.
Reference: 223151_sales
Download Sales Details
Marketed by
Watling Real Estate
Manchester
Broadhurst House, 56 Oxford St, Manchester M1 6EU, UK
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