Royal Crescent Road - Southampton - Site Sale_Immobilie zu verkaufen
Royal Crescent Road - Southampton - Site Sale_Immobilie zu verkaufen
Royal Crescent Road, Southampton, SO14 3TT, UK

Royal Crescent Road - Southampton - Site Sale

Objektbeschreibung

  • In March 2024 planning approval (23/00649/FUL) was obtained for a Co-living development in Southampton city centre.
  • The consented scheme comprises 397 Co-living units spread across a 17-storey tower, 7 story stack and 5 story base.
  • The proposed development benefits from an efficient unit mix and includes a generous allocation of communal amenity space (3.1 m2 per unit), incorporating a gym, café, workspace, and extensive communal terraces (1.5m2 per person). 
  • The Site measures 0.47 hectares and is centrally located on Royal Crescent Road, just an 10-minute walk to the city centre and in close proximity to local amenities, Southampton University and many major employers.
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Eigenschaften

Grundstücksfläche brutto
0,47 Hektar
Beete
397
Baugenehmigung
Consented
Tasten
397
Anzahl der Einheiten
397

Medien

Investment-Highlights

  • Freehold development opportunity in prime location - Just 10 minutes' walk from city centre, close to amenities and major employers
  • The total site area extends to approx. 1.16 acres (0.47 hectares)
  • Fully consented scheme for 397 Co-living units (ranging from 18.5 – 27 sqm)
  • Generous provision 3.1 sqm of internal amenity per unit and 2.7 sqm of external
  • Designed to BREEAM Excellent standards with focus on sustainability
  • Strong market fundamentals with a growing young population and undersupply of quality rental housing
  • Robust rental growth - 31% over past 5 years and 9.1% in last year alone

Diversified demand drivers - Students, young professionals and corporate lets

Makler kontaktieren

Royal Crescent Road - Southampton - Site Sale (0 Objekte)
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Zuletzt aktualisiert
24. Jan. 2025