• Track Record
  • Clients
  • Watling i
Devon Street
One Islington Plaza Devon Street, Liverpool, Merseyside, L3 8HA
Photo 2 Photo 3 Photo 6 Photo 5 Photo 1 Photo 4
Offers Over
POA
Property Type
Availability
For Sale
Reference
223151

Key Features

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 £43,000 for the 2024/2025 academic year, equating to approximately £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
  • All unconditional 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

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.

Make an enquiry

James Bunce
James Bunce
WATLING REAL ESTATE LIMITED
Tel: 07919 047 963
Dan Edmundson
Dan Edmundson
WATLING REAL ESTATE LIMITED
Tel: 07702 532 880

Make an enquiry

Jackie Birchall
+44 (0)7887 987 409
jackie.birchall@watling.com

Other Properties

News and properties in your inbox

Subscribe to our mailing list and receive exclusive updates, including property news, latest properties to be launched to the market, latest news and more. We respect our contact choices and don’t like to send out spam, you are free to choose which mailing lists you would like to be subscribed to catered on your interest. Please choose which list is best suited for your preference below.

Subscribe Form Popup