Central PBSA Investment Opportunity
One Islington Plaza is a modern, purpose-built student accommodation scheme comprising 317 leasehold units, including a mix of studios and cluster flats.
The subject property comprises 15 individual leasehold rooms, arranged as x2 self-contained cluster flats configured in 6-bedroom groupings and three self contained studio flats. Each cluster benefits from shared kitchen and living facilities.
The units are held on long leasehold interests for a term of 250 years from 11 October 2016.
Completed in 2019, the building is of modern construction and is presented in good overall condition. The development provides a comprehensive range of on-site amenities, including a gym, cinema room, communal lounge, dedicated study areas, games room, secure cycle storage and an on-site management team.
Individual units are fully furnished to a good standard, typically including a bed with under-bed storage, study desk and chair, wardrobe, and a private en-suite bathroom.
Location
The property is situated off Devon Street in the Islington district of Liverpool, an area that has experienced significant regeneration in recent years. Driven by increasing demand for both PBSA and residential accommodation, Islington has evolved into a vibrant and well-established living quarter.
The property benefits from excellent connectivity, with Liverpool city centre located an 8-minute walk to the west via New Islington Street and Hunter Street, providing direct access to the city's retail, leisure and commercial amenities.
Liverpool Lime Street railway station is within a 10-minute walk, offering extensive regional and national rail services. The property also benefits from convenient access to the M62 motorway via Edge Lane, providing direct links to the wider motorway network.
The immediate vicinity comprises a strong mix of purpose built student accommodation and residential developments, supported by a range of local amenities including supermarkets, cafés, bars and restaurants.
