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The Midlands Student Portfolio

For sale: £3,625,000.00|Other, Other Property Types & Opportunities

Property details

FOR SALE£3,625,000.00
ADDRESSThe Midlands Student Portfolio, Devonshire House, Devonshire Lane, Loughborough, LE1 3DF, LE11 3DF
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON12th November 2021

Description

LOUGHBOROUGH PROPERTY - DEVONSHIRE HOUSE (see link to view and properties) The property comprises a four storey building of traditional brick elevations under a pitched gable end roof. The property consists of 14 self-contained flats, comprising two studios and 43 en suite bedrooms in clusters; in total the property provides 47 bed spaces. Indoor bicycle storage is provided. Extensive refurbishment was carried out of all the upper floors (floors 1, 2 and 3) in the Summer of 2018 and the ground floor was redeveloped to student accommodation from retail in the Summer of 2020 for the 2020/2021 Academic Year. In consequence, the property provides a single PBSA use which has very recently been extensively refurbished and redeveloped.

Location

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Location: The Midlands Student Portfolio, Devonshire House, Devonshire Lane, Loughborough, LE1 3DF, LE11 3DF

Loughborough (0.6 miles)

Barrow Upon Soar (3.1 miles)

Sileby (5.1 miles)

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