Overview

Carters Yard is a modern PBSA scheme finished to a high specification and providing generous amenity space including a lounge and study area, common room, gym, cinema room and private external area.

Comprises 159 bedrooms arranged as en-suites, studios and apartments.

Carters Yard has displayed a strong occupational track record since completion in 2021.

25 beds nominated on a rolling one-year agreement to the University of Stirling for the 2023/24 academic year.

Situated in Stirling city centre within immediate proximity to numerous leading retail and leisure facilities.

The University of Stirling is 2 miles north of the subject property and can be easily accessed via a direct bus (c. 13 minute bus journey) from a nearby bus stop (0.2 miles).

76% of students unable to access PBSA - 4.14 student to bed ratio.

Zero beds currently under construction across the city and only 106 beds with planning consent.

We are seeking offers in excess of £17,625,000 (Seventeen Million Six Hundred and Twenty Five Thousand Pounds). This reflects a 6.25% net initial yield and an attractive £110,849 per bed. For the avoidance of doubt, Knight Frank and Ryden would like to confirm that our client is not obliged to accept the highest or indeed any offer.

Property Highlights

Overview

Ford Swanson

Partner

Preston Mommsen

Senior Surveyor

David Fraser

Partner

Additional Links