Marketplace
WithdrawnOperational

Causeway

Asking Price
£TBC
Gross Yield
TBC%
Total Units
541
Nearest University
0.7 km
University of Aberdeen

Scheme Image

Overview

A well-located Purpose-Built Student Accommodation (PBSA) scheme offering strong rental yields and diversified income streams. The property presents an attractive investment opportunity with established tenancies and good growth potential.

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 YearN/A
Year of Last RefurbishmentN/A
Number of FloorsN/A
Building HeightN/A
Construction TypeN/A
Building Class/GradeN/A
Total Site AreaN/A
Total Lettable Area459,850 sq ft (est.)
TenureLeasehold (999 years)

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

Ownership

Ownership Type

N/A

Ownership Structure

N/A

Financial Performance

Financial Performance Metrics

Key financial indicators and performance data

MetricCurrent ValueMarket BenchmarkPerformanceStatus
Monthly Rent£1,226,267£1,226,267+£0KAbove
Gross Yield0.0%6.0%-6.0%Below
Net Yield0.0%5.4%-5.4%Below
Rent per Sq Ft (Annual)£32.00£32.00+£0.00Above
Operating Costs£2,060,128£2,060,128-£0KBelow
ROI (5-year)0.5%6.5%-6.0%Below
Gross Annual Income£14,715,200£14,715,200+£0Above
Net Annual Income£12,655,072£12,655,072+£0Above

Transaction History

Sales Transactions

Historical sales and transactions for this property

DateSale PriceArticleNotes
No transaction history recorded yet.

Market Analysis

Rental Comparison by Bedroom Count

Our property vs local market averages

Bedroom CountOur PropertyMarket AverageDifferencePerformance
1 Bedroom£1,450£1,440+£10Above
2 Bedroom£2,250£2,267-£17Below
3 Bedroom£3,700£3,680+£20Above
4+ Bedroom£5,550£5,547+£3Above

Market Summary

Overall PerformanceAbove Market
Market Yield Range5.0-7.0%
Occupancy Rate94%
Rental Growth (5yr)+2.1% p.a.

Unit Breakdown

1A650
2
1
£1,750Occupied
1B720
2
2
£1,900Occupied
2A580
1
1
£1,400Occupied
2B680
2
1
£1,800Notice Given
3A750
3
2
£2,300Occupied
3B620
2
1
£1,650Vacant

Block Analysis

Unit TypeCount% of TotalAvg Size (sq ft)
1-Bed Units117%580
2-Bed Units467%668
3+ Bed Units117%750

Block Features

Block-level features that apply to the entire building

FeatureStatus/DetailsNotes
Build Year1985Purpose-built block
Construction TypeConcrete FrameSolid construction
Heating SystemGas Central HeatingIndividual boilers per unit
WindowsDouble GlazedUPVC frames, 2018 replacement
Roof TypeFlat RoofLast replaced 2020
Wall InsulationPartialCavity wall insulation added 2019

Scheme Images

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Location

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Aberdeen, Scotland· AB25 3DD

Nearby Universities

UniversityCityDistanceTravelStudents
University of AberdeenAberdeen0.7 km~8 min walk15k
Robert Gordon UniversityAberdeen0.7 km~8 min walk16k
University of DundeeDundee94.1 km~141 min drive18k
Abertay UniversityDundee94.1 km~141 min drive5k
University of St AndrewsSt Andrews100.1 km~150 min drive10k

Frequently Asked Questions

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