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Cleveland Studios, Wolverhampton, WV1 3BF

Guide Price
£4,500,000

£229.84 per sq ft

Business rates & charges may apply

WATLING REAL ESTATE LIMITED, Birmingham
SIZE AVAILABLE

19,579 sq ft

1,819 sq m

SECTOR

Commercial property for sale

Key features

  • Purpose-built student accommodation scheme providing 63 studios with large ground floor commercial unit.
  • Modern development completed in November 2025
  • Prime City Centre location within walking distance of the University of Wolverhampton
  • Estimated gross rental value of £528,000 p.a. when fully-let
  • Over 30,000 students at the University of Wolverhampton, with over 20% growth in student numbers since 2019/20
  • Ranked no.1 university in the West Midlands and top 10 in the UK in 2026 Whatuni Student Choice Awards
  • Strong Asset Management and Value Enhancement Potential
  • Guide price of £4.5m reflecting a reversionary yield of 11% against ERV

Description

The property comprises a freehold purpose-built student accommodation block completed in November 2025, providing 63 studio rooms over first, second and third floors, with a commercial unit to the ground floor.

The self-contained studio rooms range from approximately 18 sq.m. to 29 sq.m. with modern internal finishes.

Communal facilities include student common room, laundry room and cycle stores. The commercial unit is open plan with substantial glazed return frontage onto both Cleveland Street and Victoria Street and provides an approximate gross internal area of 6,652 sq.ft. (618 sq.m.).

Please note, the above floor areas are based upon the approved floor plans for the property.

Brochures

Cleveland Studios, Wolverhampton, WV1 3BF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverhampton St George's Tram Stop0.2 miles
  • Wolverhampton Station0.5 miles
  • Priestfield Tram Stop1.6 miles

About WATLING REAL ESTATE LIMITED, Birmingham

Colmore Row, Birmingham, B3 2AP

Notes

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Disclaimer - Property reference 223158FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by WATLING REAL ESTATE LIMITED, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.