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Homes for Students 2 Multifamily Properties in Bristol
Executive Summary
Savills are instructed to seek offers in excess of £34.68m for the portfolio. A purchase at this price represents a net initial yield of 6.1% assuming standard purchaser’s costs. We are in the process of procuring a third party provider, Homes for Students (HFS), to provide projected rental levels and budgets on all of the assets to inform the revisionary yield. This information will be provided in due course.
Property Facts
| Sale Type | Investment | Total Building Size | 32,867 SF |
| Status | Under Contract | Tenure | Long Leasehold |
| Number of Properties | 2 | Total Land Area | 0.16 AC |
| Individually For Sale | 0 |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 32,867 SF |
| Tenure | Long Leasehold |
| Total Land Area | 0.16 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
St Stephen's House
Colston Ave, Bristol BS1 4SR |
Multifamily | 22,639 SF | 1930 | - |
|
Harford House
Frogmore St, Bristol BS1 5LZ |
Multifamily | 10,228 SF | 2016 | - |
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