Overview
Contemporary Purpose-Built Student Accommodation in trendy Shoreditch, East London. Perfect for students at City University, Queen Mary University, and nearby institutions. Modern design with excellent amenities including rooftop garden, gym, study pods, and vibrant common areas. Strong rental demand from international students.
Investment Highlights
- Strong rental income with established tenancies
- Diversified income across multiple units
- Prime location with good transport links
Key Considerations
- Some refurbishment work required
- Management responsibilities
- Compliance requirements
PBSA Scheme Details
Property Details
| Build Year | 2021 |
| Year of Last Refurbishment | 2021 |
| Number of Floors | N/A |
| Building Height | N/A |
| Construction Type | N/A |
| Building Class/Grade | N/A |
| Total Site Area | N/A |
| Total Lettable Area | 238,000 sq ft (est.) |
| Tenure | Leasehold (999 years) |
Building Features
Rooftop GardenGymStudy PodsCommon Areas24/7 SecurityWiFiLaundryBike StorageGames Room
ESG Rating
Environmental
N/A
EPC Rating: N/A
Carbon Footprint: N/A
Social
N/A
Accessibility: N/A
Governance
N/A
Compliance: N/A
Certifications & Ratings
N/A
Management
No operator information available
Ownership
Ownership Type
N/A
Ownership Structure
N/A
Financial Performance
Financial Performance Metrics
Key financial indicators and performance data
| Metric | Current Value | Market Benchmark | Performance | Status |
|---|---|---|---|---|
| Monthly Rent | £175,000 | £991,667 | -£817K | Below |
| Gross Yield | 5.0% | 5.0% | +0.0% | Above |
| Net Yield | 4.3% | 4.4% | -0.1% | Below |
| Rent per Sq Ft (Annual) | £8.82 | £50.00 | -£41.18 | Below |
| Operating Costs | £294,000 | £1,666,000 | -£1372K | Below |
| ROI (5-year) | 4.8% | 5.5% | -0.7% | Below |
| Gross Annual Income | £2,100,000 | £11,900,000 | -£9,800,000 | Below |
| Net Annual Income | £1,806,000 | £10,234,000 | -£8,428,000 | Below |
Transaction History
Sales Transactions
Historical sales and transactions for this property
| Date | Sale Price | Article | Notes |
|---|---|---|---|
| No transaction history recorded yet. | |||
Market Analysis
Rental Comparison by Bedroom Count
Our property vs local market averages
| Bedroom Count | Our Property | Market Average | Difference | Performance |
|---|---|---|---|---|
| 1 Bedroom | £400 | £2,250 | -£1850 | Below |
| 2 Bedroom | £650 | £3,542 | -£2892 | Below |
| 3 Bedroom | £1,000 | £5,750 | -£4750 | Below |
| 4+ Bedroom | £1,550 | £8,667 | -£7117 | Below |
Market Summary
Overall PerformanceAbove Market
Market Yield Range4.0-6.0%
Occupancy Rate94%
Rental Growth (5yr)+2.1% p.a.
Unit Breakdown
| 1A | 650 | 2 | 1 | £1,750 | Occupied |
| 1B | 720 | 2 | 2 | £1,900 | Occupied |
| 2A | 580 | 1 | 1 | £1,400 | Occupied |
| 2B | 680 | 2 | 1 | £1,800 | Notice Given |
| 3A | 750 | 3 | 2 | £2,300 | Occupied |
| 3B | 620 | 2 | 1 | £1,650 | Vacant |
Block Analysis
| Unit Type | Count | % of Total | Avg Size (sq ft) |
|---|---|---|---|
| 1-Bed Units | 1 | 17% | 580 |
| 2-Bed Units | 4 | 67% | 668 |
| 3+ Bed Units | 1 | 17% | 750 |
Block Features
Block-level features that apply to the entire building
| Feature | Status/Details | Notes |
|---|---|---|
| Build Year | 1985 | Purpose-built block |
| Construction Type | Concrete Frame | Solid construction |
| Heating System | Gas Central Heating | Individual boilers per unit |
| Windows | Double Glazed | UPVC frames, 2018 replacement |
| Roof Type | Flat Roof | Last replaced 2020 |
| Wall Insulation | Partial | Cavity wall insulation added 2019 |
Scheme Images
Location
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London, Greater London· E1 6JN
Nearby Universities
| University | City | Distance | Travel | Students |
|---|---|---|---|---|
| Guildhall School of Music and Drama | London | 1 km | ~12 min walk | 1k |
| London Metropolitan University | London | 1.5 km | ~18 min walk | 14k |
| City, University of London | London | 1.7 km | ~20 min walk | 20k |
| London South Bank University | London | 2.6 km | ~31 min walk | 18k |
| Queen Mary University of London | London | 2.7 km | ~32 min walk | 25k |