Student Accommodation – Babington Lane Derby DE1
- Off market
- Construction nearly completed
- Commercial area is vacant with potential to apply for planning for additional units – not yet submitted
- Current build 108 beds plus the commercial which could be converted into a further 34 beds
- All let on 51 week ASTs
- Income when fully let circa £820k per annum of which 84% reserved but anticipated to reach capacity within the next few weeks
- Selling price £10.5m.
We will require a buy side fee.
Student Accommodation - Babington Lane Derby DE1
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Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.
In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
Office: +44(0)330 2236988
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