Wellgate House is a prime student accommodation scheme in the heart of Edinburgh comprising 59 student beds.
Providing 44 en-suite bedrooms and 15 self-contained studio apartments.
Minutes away from the main University of Edinburgh campus.
Compelling opportunity for exposure to the counter cyclical and outperforming student accommodation sector.
Exceptionally well located and fully let building in a top tier UK University City.
Redeveloped in 2011 by Ziggurat (Wellgate) LLP the property provides bespoke and purpose built accommodation for students.
The property has achieved 100% occupancy in the first year of letting.
Managed by the well regarded Ziggurat Student Living (Wellgate) LLP.
Offers are being sort for the Feuhold (Scottish equivalent of Freehold) of the redeveloped student accommodation for the first time.
Disposal with the benefit of current occupancy and rental performance.
Investor option of a two year rental guarantee from the current management company Ziggurat Student Living (Wellgate LLP).