Sycamore House, Leeds.

Case study

Client: Harrison Street Real Estate

Services provided: Advisory, mobilisation & operational

Prime Student Living were involved with the scheme from the very beginning stages, advising on the building design, layout and room mix to help the developer secure planning.

Securing planning approval proved challenging, with tough requirements to ensure the scheme respected the rich heritage in one of Leeds most famous Georgian Squares. Working in close conjunction with the Leeds planning department, we were able to advise and adapt the proposal to ensure it reflected local requirements whilst meeting the increasing expectations of students looking to live in modern purpose-built student accommodation.

Client target income:

£1m

Achieved annual income:

£1.2m

Client target asset value:

£14.88m

Achieved asset value:

£15.2m

100

% occupancy ahead of completion

The concept.

Prime Student Living carried out detailed market research to enable us to deliver a bespoke, sophisticated scheme that would ultimately enhance the character and appearance of the immediate surroundings.

Being close to Leeds University campus we were able to target the international, postgraduate student market who would be looking for quality studios with longer tenancy lengths. The boutique design, high-end specification and facilities that focused on community living, ensured that we achieved 100% occupancy ahead of completion.

117 studios

Room sizes from 20m²-38m²

Gym

Private courtyard

Common room & study area

Find out more.

Speak to us today to find out how we can add value to your student accommodation scheme.

Our inaugural project with Prime Student Living was our 117-bed PBSA building in Leeds – Sycamore House. Before the building opened its doors to welcome its first residents, Prime Student Living had already achieved 100% occupancy and had hit rents above our budgeted figures.  A thoughtful marketing strategy clearly produced these results.  Prime Student Living’s commitment to providing our residents with quality service has resulted in strong demand for the 2019/20 academic year, with rents increasing from the previous year.
Ben Chittick, Harrison Street Real Estate