Student Accommodation Investment Opportunity

Summary

• Two Freehold Assets located in the City Centre of Dundee
• Purpose Built Student Accommodation consisting of 195 bedrooms
• Currently operated by Mezzino
• Highly popular accommodation with the student population
• Net Operating Income of £874,783 for the academic year 2024-2025
• Significant lettings secured for the 2025-2026 academic year with anticipated gross income to increase by circa 5%
• A purchase at this level reflects a net initial yield of 7% after allowance for unadjusted purchaser’s costs of 3.3% (to include MDR at 1.5%). At this level pricing reflects £62,000 per bed.