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Devonshire House 1 Devonshire Ln 45 Unit Dormitory $4,698,365 ($104,408/Unit) 10.30% Cap Rate Loughborough LE11 3DF



Investment Highlights
- The property consists of 14 self-contained flats
- Loughborough University within walking distance
- Centrally located in Loughborough town centre
Executive Summary
Centrally located in Loughborough town centre, with Loughborough University within walking distance.
The property consists of 14 self-contained flats, comprising 2 studios and 43 en suite bedrooms in clusters; in total the Property provides 47 bed spaces.
The property consists of 14 self-contained flats, comprising 2 studios and 43 en suite bedrooms in clusters; in total the Property provides 47 bed spaces.
Property Facts Sale Pending
| Price | $4,698,365 | Property Subtype | Dormitory |
| Price Per Unit | $104,408 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.55 AC |
| Cap Rate | 10.30% | Building Size | 9,961 SF |
| Tenure | Freehold | No. Stories | 4 |
| No. Units | 45 | Year Built | 1880 |
| Property Type | Multifamily |
| Price | $4,698,365 |
| Price Per Unit | $104,408 |
| Sale Type | Investment |
| Cap Rate | 10.30% |
| Tenure | Freehold |
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Building Class | B |
| Lot Size | 0.55 AC |
| Building Size | 9,961 SF |
| No. Stories | 4 |
| Year Built | 1880 |
Amenities
Site Amenities
- 24 Hour Access
- Storage Space
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 419 |
| 1+1 | 43 | - | 538 |
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Devonshire House | 1 Devonshire Ln
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