Central Studios, Reading_Property for Sale
 Central Studios, Reading_Property for Sale
4 Greyfriars Rd, Reading RG1 1NG

Central Studios, Reading

Asset Description

An exciting opportunity to acquire a modern, operational, Purpose-Built Student Accommodation (PBSA) asset in the heart of Reading.


100% studio accommodation benefitting from modern specification and amenity including a roof terrace


Recently completed a programme of fire safety remediation work resulting in the property now achieving an A1 rated EWS-1

...

Attributes

Beds
141
Occupancy
100%

Media

Investment Highlights

  • Central Studios comprises 141 studios at a range of classifications and price points as well as offering modern, high-quality amenity including roof terrace, common area, games area and study area.
  • Located in the heart of the city centre, the property is conveniently situated for the University of Reading’s campuses and the city centre attractions.
  • The University of Reading climbed an impressive 10 places in the latest university league tables, reaching 24th in the Times Good University Guide 2025.
  • The asset achieved full occupancy for AY23/24 and AY24/25 reflecting the undersupply of PBSA in Reading.
  • Strong fire safety credentials including an A1 rated EWS-1 owing to recent remediation works.
  • Ground floor retail unit let to Nisbets Plc at £90,000 pa.
  • Freehold interest available.
 Central Studios, Reading 4_Property for Sale
 Central Studios, Reading 4_Property for Sale

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Central Studios, Reading (0 Properties)

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Last updated
18 Nov 2024