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Goosecroft Rd

1.26 Acres of Residential Land Offered at $15,189,682 in Stirling FK8 1JX

Investment Highlights

  • The consented scheme will comprise 106 bed spaces, of which 104 beds are self-contained studios with one additional two bedroom apartment
  • Excellent city centre location with high level of amenity and close proximity to University transport connections
  • Stirling University ranked ‘Sports University of the Year’ by the Times Good University Guide 2020
  • Structural undersupply of purpose built student accommodation in a city with high ranking and rapidly growing University
  • ‘Best in class’ high specification shared space and common amenity proposed

Executive Summary

On behalf of KR Developments, Ryden are instructed to seek full funding offers in excess of £12,000,000 (Twelve Million Pounds) which reflects a net initial yield of 6.24% and full purchaser’s costs of 2.37%. It is anticipated that LBTT will be payable on the land purchase only.

Attachments

Brochure

Property Facts

Price $15,189,682
Sale Type Investment
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.26 AC

1 Lot Available

Lot

Price $15,189,682
Price Per AC $12,055,303
Lot Size 1.26 AC

The consented scheme will comprise 106 bed spaces, of which 104 beds are self-contained studios with one additional two bedroom apartment.

  • Listing ID: 32132985

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: Goosecroft Rd, Stirling FK8 1JX

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