Fully Booked Student Accommodation In Tyne And Wear For Sale

BASED IN TYNE AND WEARYE25 turnover of £322,000, with an adjusted EBITDA of circa £153,000.Turnover is projected to increase to £352,000 in 2026 and £363,000 in 2027.Two freehold properties and their going concerns are for sale.43 bedrooms comprising self-contained studios and studiostyle rooms, which will increase to 56 as of August 2027 following the addition of three rooms to the first property and redevelopment of the second property.Shared facilities and amenities include a reception, lounge, dining hall, study area, and a gym with state-of-the-art equipment.Modern aesthetic, with regular renovations.Ideally located in the citys centre adjacent to attractions, entertainment and local ---------.-.-/5 rating on University Living.Scope for growth through utilising digital marketing tools and techniques, including SEO and social media advertising.Offered for sale to facilitate growth under the impetus of new ownership.Sale guide price of £5.5 million £6 million.