Islington Court Gildart St 47 Unit Dormitory $6,488,493 CAD ($138,053 CAD/Unit) 8.78% Cap Rate Liverpool L3 8ET

Kexgill Court presents an attractive investment opportunity in Liverpool City Centre, one of the UK’s most vibrant and structurally undersupplied student housing markets. The property comprises 47 well-positioned bed spaces arranged over ground and five upper floors, situated in close proximity to the University of Liverpool, Liverpool John Moores University, and Liverpool School of Tropical Medicine.
Purpose-built and competitively priced, the asset is let on a 48-week contract with a strong rental covenant generating £305,280 per annum, underpinned by the city’s persistent high-demand student base. With an estimated 26,700 students currently lacking access to purpose-built accommodation in Liverpool, Kexgill Court offers a compelling solution in a resilient market characterized by stability and growth potential.
Investment highlights include passing rents currently below prevailing market levels, presenting an attractive reversionary play that aligns with wider rental growth trends. Offers are invited in excess of £3,475,000, reflecting a sustainable gross yield of 8.78% and pricing of £74,000 per bed space, with scope for income augmentation and long-term performance uplift.