OPPORTUNITY TO FORWARD FUND A PRIME PBSA DEVELOPMENT IN NOTTINGHAM CITY CENTRE
DETAILED PLANNING CONSENT FOR 100% PBSA DEVELOPMENT
SITE WORKS TO COMMENCE IN NOVEMBER 2026, WITH A 19 MONTH BUILD PERIOD
COMPRISING 208 BEDS (80% CLUSTER, 20% STUDIOS)
HIGH SPECIFICATION THROUGHOUT AND SUBSTANTIAL AMENITY SPACE
FULL INCOME AND EXPENDITURE FORECAST PROVIDED BY HOMES FOR STUDENTS
75,000 REGIONAL STUDENTS IN NOTTINGHAM, WITH AGEING PBSA PROVISION (70% OVER 15 YEARS OLD)
WE ARE SEEKING OFFERS ON A TRADITIONAL FORMAL FUNDING STRUCTURE IN EXCESS OF £29,800,000 (TWENTY NINE MILLION, EIGHT HUNDRED THOUSAND POUNDS), EXCLUSIVE OF VAT.
A PURCHASE AT THIS LEVEL REFLECTS A 5.75% NET INITIAL YIELD.
