Student accommodation in Birmingham
We assisted our borrower in creating 47 self-contained studio flats positioned to service Birmingham's 3 universities.
We were pleased to provide a £3.5m, 14-month senior ground-up facility to an experienced Birmingham developer.
Situated conveniently to service Birmingham's 3 universities. The redevelopment will not only provide much needed student accommodation but will help in the regeneration of a former industrial area.
"Birmingham is a vibrant student city in need of high quality student accommodation. We were delighted to support our borrowers vision of providing modern, comfortable accommodation for the cities university students. Within a few weeks of practical completion, all 47 self-contained studio flats were occupied and income producing. A success all round."
- Matt Measures, Senior Investment Manager
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