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- LoopNet Team
Arkwright St
Nottingham NG2 3DP
Land · Land For Sale
·
2.48 AC
Investment Highlights
- Please note the site is owned freehold with full planning consent which has been implemented
- Proposed PBSA & BTR Scheme with prominent positioning
- Aim to deliver this EPC-A rated scheme for 2026
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 2.48 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 2.48 AC |
Description
The scheme consists of 356 student beds and 149 PRS apartments within two separate blocks on one overall site. Please note that the original scheme was 420 PBSA and 149 PRS, the attached ‘changes’ documents show the VE changes to the PRS block, and the 420 block of PBSA has been reduced in height and beds to 356 to allow us to avoid the BSA ‘gateway’ procedure which creates savings in both build costs and time. We will make these changes through an NMA and complete the development in summer 2026. The site sits adjacent to the tram stop and the main Nottingham train station and is in easy walking distance of the city centre as shown via the aerial views within the brochure. The site is also located near the new ‘University of Nottingham’ City Centre Campus ‘Castle Meadow’, which is only 900m from Arkwright Street, this new campus has massively increased the need for student accommodation in this area of Nottingham. Please find attached a draft forward commit / JV appraisal which is a template of a potential structure working and is based on the following as set out in the appraisal, please remember that this is flexible and encourage the end user client / partner to amend the excel or use the data to run their own model of how they see the deal working.
