CBRE has been appointed by the University of Edinburgh to bring to market two student accommodation assets in the south of the capital.
David Horn House and Kitchener House and are within walking distance of the university’s King’s Buildings campus. Both assets benefit from excellent transport links and proximity to key city amenities, including the forthcoming tram extension and major redevelopment plans at nearby Cameron Toll.
Comprising 48 and 60 student beds respectively, CBRE said the buildings have a solid track record of student occupancy, reflecting consistent demand in a sought-after location. The assets offer potential for investors to either refurbish and retain them for student use or explore alternative uses, subject to consents, it added.
David Horn House consists of four townhouses combined into a single operational building, while Kitchener House is a distinctive former mansion with later extensions and mature external grounds.
Damien Toner, director of estates at the University of Edinburgh, commented, “Edinburgh remains a highly desirable location of choice for students, residents and visitors alike, with demand for competitive accommodation options consistent across the city. Given their size, character and condition, these sites offer a unique opportunity for developers in a sought-after location, and we are pleased to be working with CBRE to explore the market potential.”
Steven Hendry, a director in CBRE’s investment property team in Edinburgh, added, “We are pleased to be working with the University of Edinburgh on this important instruction. These are two distinctive assets in a highly sought-after part of the city, offering both immediate student accommodation use, and clear potential for repositioning. With strong demand in Edinburgh’s student market and the excellent proximity to King’s Buildings, we expect these properties will attract strong interest from a wide range of investors.”
