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.