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Student Accommodation 47A Colne Rd 76 Unit Dormitory $5,605,681 ($73,759/Unit) 12.35% Cap Rate Huddersfield HD1 3AY
INVESTMENT HIGHLIGHTS
- Purpose built block
- 5 minute walk to the main Huddersfield University campus
- Mixture of studio and cluster apartments
EXECUTIVE SUMMARY
The property comprises a purpose built student accommodation block having a total of 76 letting rooms across 43 flats. The building has been constructed in phases between 2013 and 2017.
Accommodation is broken down into a mixture of 2-4 bedroom cluster apartments and 24 self-contained studio flats. The building has been managed by the original developer since completion with annual insurance and utility costs of around £61,506 with a return from the solar panels of circa £5,400.
Accommodation is broken down into a mixture of 2-4 bedroom cluster apartments and 24 self-contained studio flats. The building has been managed by the original developer since completion with annual insurance and utility costs of around £61,506 with a return from the solar panels of circa £5,400.
PROPERTY FACTS
| Price | $5,605,681 | Property Subtype | Dormitory |
| Price Per Unit | $73,759 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 12.35% | Lot Size | 0.38 AC |
| Tenure | Freehold | Building Size | 43,000 SF |
| No. Units | 76 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2016 |
| Price | $5,605,681 |
| Price Per Unit | $73,759 |
| Sale Type | Investment |
| Cap Rate | 12.35% |
| Tenure | Freehold |
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 43,000 SF |
| No. Stories | 3 |
| Year Built | 2016 |
AMENITIES
UNIT AMENITIES
- Balcony
- Storage Space
- Kitchen
- Hardwood Floors
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 24 | - | 398 |
| 1+1 | 52 | - | 538 |
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Student Accommodation | 47A Colne Rd
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