Summary:
- FRP Advisory has appointed Knight Frank’s student property team to market Friargate Court, a fully operational 244-bed PBSA scheme in Preston, for £9.75 million.
- Delivered in 2016, Friargate Court features cluster en-suites, studios, and on-site amenities including a gym, communal lounge, games area, and retail space, supporting strong tenant demand.
- The scheme benefits from robust letting momentum ahead of the academic year and offers income diversification by accommodating key workers and apprentices, presenting opportunities for active asset management to enhance returns.
Original article:
