Student Accommodation Investment, 90 Loch Street, Aberdeen | Property for sale | Savills
Offers in the region of £1,025,000

Student Accommodation Investment90 Loch Street, Aberdeen

  • Freehold
Development land

Key features

  • Purpose built student accommodation completed in 2019
  • 97% occupied for 2021 / 2022 academic year
  • Rental guarantee put in place for the 2021 / 2022 academic year
  • Total gross income of £122,684 per annum
  • Offers in the region of £1.025 million

Student accommodation investment opportunity in central Aberdeen.

About this property

  • The property comprises a 3 storey building recently converted to provide 6 HMO flats offering a total of 30 student bedrooms. The internal flats vary in size from 3 to 6 bedrooms, all with open plan kitchen / dining / living areas and shared bathrooms. The conversion was completed in 2019 and therefore offers a modern specification. Secure entrance to the building is provided by an intercom system and each bedroom is furnished with a double bed, bedside cabinet, desk and wardrobe. The EPC Rating is C. Full documentation can be provided on request.

Local information

  • Loch Street is located in the heart of Aberdeen City Centre and to the rear of Bon Accord Shopping Centre, Aberdeen’s second largest shopping centre complex. The property lies adjacent to North East Scotland College (NES Col) with the surrounding area comprising a range of residential, purpose built student accommodation and retail units.

Energy performance

The EPC Rating is C.