21 bed end of terrace house

This is a prime student accommodation development opportunity located in a highly desirable area of Middlesbrough, just a five-minute walk from the University of Teesside and the central shopping district. The proposed scheme consists of 21 student studios across four floors, including a basement level, with additional shared areas. The apartments will be competitively sized, exceeding the average size of most student accommodations in the area. With a gross income of £140,000-£190,000 per annum expected upon completion and 100% occupancy, the property has a potential gross development value of £1.4-£1.9 million. This is a fantastic opportunity for investors to capitalize on the growing demand for student accommodations in Middlesbrough.