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Successful sale of a 90-bed student accommodation investment at 15-23 Hotel Street, Leicester

Posted: 12th May 2025

Author: Joe Reilly

Aerial view of 15-23 Hotel Street, Leicester

THE BRIEF

Client and location: 15-23 Hotel Street, Leicester, LE1

Sector: Student accommodation

Services provided: Investment: Sales

Challenge: Innes England was instructed to sell this prime 90-bed student investment, featuring a mix of studios and 2, 3, and 4-bed cluster apartments, as well as ground-floor commercial units. Located in the heart of Leicester, this development offers students excellent access to De Montfort University and Leicester’s wide range of retail and leisure amenities.

The Solution

Innes England applied its expert understanding of the local market and the student accommodation sector to facilitate the sale of this investment opportunity.

  • Sourcing and Market Knowledge: Leveraged local market expertise to identify and present the property as a high-potential investment in the student living sector.
  • Advisory: Provided in-depth advice to prospective buyers, highlighting the property’s strategic location and the strong demand for student accommodation in Leicester.
  • Due Diligence: Undertook comprehensive due diligence, assessing both the residential and commercial elements of the property to ensure maximum clarity for all parties involved in the transaction.
  • Strong Marketing Campaign: Implemented a full marketing campaign that included inspections and negotiations, before drawing up a shortlist of potential bidders.
  • Agreement of Terms: The team prepared the heads of terms before the investment was sold in a company sale at a purchase price in line with our client’s aspirations.

The Results

The successful sale of 15-23 Hotel Street strengthened the portfolio of the buyer by adding a well-located, high-yield student accommodation asset. The investment offers a strong, reliable income stream due to its appeal to both students and commercial tenants, benefiting from Leicester’s robust student population and thriving city centre.

conclusion

This transaction highlights Innes England’s expertise in the student accommodation sector and its ability to deliver investment sales that meet the unique needs of both buyers and sellers. Our proactive approach, combined with in-depth market insight, ensures that we consistently achieve the best outcomes for our clients.