Description

JLL is delighted to introduce the opportunity to acquire Varsity House, an income-producing asset strategically located in the esteemed academic hub of Cambridge, United Kingdom.

This compelling value-add PBSA investment features 296 ensuite beds located in close proximity to Anglia Ruskin University's Young Street Campus and broader city amenities.

Strategically situated in Cambridge, Varsity House benefits from proximity to world-renowned educational institutions, leading research centres, and vibrant commercial activities that drive sustained demand.

This investment provides an attractive opportunity to gain exposure to the UK PBSA sector within a prestigious Russell Group city. Varsity House targets the affordable market segment, offering multiple pathways to drive value creation through strategic asset management initiatives.

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Attributes

Units

296

Year built

1999

Media

Investment highlights

Rare opportunity in the prestigious Cambridge market
Prime location adjacent to Anglia Ruskin University's Young Street campus and just 0.5 miles from the University of Cambridge
296-bed PBSA asset comprising ensuite cluster flats with shared kitchens
Comprehensive amenities including a common room, on-site management office, courtyard, bike store and dedicated car parking spaces
Excellent transport links to London, major regional cities and international airports
Value-add potential through targeted refurbishment and amenity enhancement
Property covered by a lease with vacant possession from August 2027, providing immediate asset management flexibility