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Purpose Built Student and PRS Sector
!The 5 acre land parcel situated in the City Centre of Doncaster. The site is currently allocated as parking, office and showroom. The advisor identified a requirement by the National High Speed Rail College who have recently built a new facility in close proximity. The advisor has completed a range of feasibility, development and Investment appraisals along with preparing a comprehensive master plan and detailed planning application which has support from the local planning authority. The planning application consists of 420 student studios and 138 PRS apartments with 60,000 Sq ft of A1 – A5 Retail, the development will have an anticipated GDV of £65M.
The site was acquired in March 2016, the site has achieved part planning approval for 115,000 Sq ft of mixed use development, once re-positioned the Residual Land Value may increase.
Sector
Residential
Area
60,000 sq ft
GDV
£65M