Queens Road East -

An excellent opportunity to acquire a modern purpose-built student accommodation investment occupying a highly strategic position in Beeston, immediately adjacent to the University of Nottingham's extensive University Park sporting facilities.

The property provides a total of 32 student bedrooms, arranged across five self-contained cluster apartments, offering purpose-designed accommodation ideally positioned for the University of Nottingham student market.

Accommodation

The property comprises 32 purpose-built student bedrooms arranged across five individual cluster apartments, each benefiting from dedicated communal kitchen and living accommodation.

Cluster 1 – 6 Bedrooms
Ground Floor – 4 bedrooms
Second Floor – 2 bedrooms & open-plan lounge/kitchen

Cluster 2 – 6 Bedrooms
Second Floor – 4 bedrooms
Third Floor – 2 bedrooms & open-plan lounge/kitchen

Cluster 3 – 6 Bedrooms
Ground Floor – 2 bedrooms & open-plan lounge/kitchen
First Floor – 4 bedrooms

Cluster 4 – 6 Bedrooms
Second Floor – 2 bedrooms & open-plan lounge/kitchen
Third Floor – 4 bedrooms

Cluster 5 – 8 Bedrooms
Ground Floor – Kitchen & lounge
First Floor – 4 bedrooms
Third Floor – 4 bedrooms

Total Accommodation: 32 Bedrooms

Current Rental Income

The accommodation is currently producing:

32 bedrooms @ £725 pcm

Gross Monthly Income: £23,200
Gross Annual Income: £278,400

Allowing for operating costs equivalent to approximately 20% of gross income, the property produces an estimated:

Net Annual Income: £222,720

Based upon the asking price of £3,200,000, this represents approximately:

Gross Yield: 8.70%
Net Yield: 6.96%

Projected 2027/28 Income

The anticipated rental level for the 2027/28 academic year is approximately:

32 bedrooms @ £800 pcm

Projected Gross Monthly Income: £25,600
Projected Gross Annual Income: £307,200

Allowing for operating costs equivalent to approximately 20%:

Projected Net Annual Income: £245,760

At the asking price of £3,200,000, this equates to approximately:

Projected Gross Yield: 9.60%
Projected Net Yield: 7.68%

Location
The property occupies an excellent student accommodation location on Queen's Road East, on the north-eastern side of Beeston and immediately adjoining the University of Nottingham's extensive University Park sporting grounds.

The University of Nottingham's University Park Campus is located directly to the north, placing the accommodation within convenient walking distance of one of the UK's major university campuses.

The surrounding area provides an exceptional concentration of university and sporting facilities. The property is positioned close to Highfields Sports Complex, Nottingham Tennis Centre and Nottingham Hockey Centre, together with the wider University Park sporting facilities. The Nottingham Tennis Centre is one of the University's principal tennis training venues and sits immediately opposite University Park.

Highfields Sports Complex provides facilities for football, rugby and hockey, while the neighbouring Nottingham Hockey Centre incorporates international-standard hockey facilities.

The University Boulevard tram stop is immediately to the north of the site, providing direct connections towards the University, Beeston and Nottingham city centre. The property's location was specifically recognised during the planning process as being well placed for public transport, cycle routes and the University.

Beeston railway station is approximately 1 km from the property, providing wider regional and national rail connections.

Beeston town centre is also within easy reach and provides a comprehensive range of shops, supermarkets, cafés, bars, restaurants and everyday amenities. The combination of the University, sporting facilities, public transport and Beeston town centre creates a particularly strong location for purpose-built student accommodation.