Summary - 19-21, SOUTH WARD ROAD DD1 1PU
1 bed 1 bath Commercial Development
**Standout Features:**
- Prime PBSA development site in Dundee City Centre with full planning consent for 215 beds
- Proposed mix includes 110 cluster beds and 105 studios, with flexibility for accommodation adjustments
- Excellent city-centered location with strong local amenities and transport access
- Significant demand with a current student to bed ratio of 4.8:1 in a dual university city
- Accommodates the growing international student population, which has seen a 12.5% annual increase
**Potential Concerns:**
- Currently marked as "Very Deprived" in area deprivation statistics
- Broadband speeds are noted as "Very Slow"
Summary:
Discover an exceptional investment opportunity in Dundee's thriving city centre with this prime purpose-built student accommodation (PBSA) development site. Boasting full planning consent for 215 beds, the plans include a versatile accommodation mix featuring 110 cluster beds and 105 studios, offering potential for adaptation through non-material variations. This expansive property benefits from an ideal location surrounded by vibrant local amenities and excellent transport connectivity, catering directly to the needs of the 18,500+ full-time students in the area. Given Dundee's structural undersupply of PBSA—currently experiencing a 4.8:1 student to bed ratio—this development promises to meet a critical demand while capitalizing on the city’s impressive growth in international student enrollment.
Despite its promising characteristics, the surrounding area faces challenges denoted by its “Very Deprived” status and slow broadband speeds, considerations to keep in mind. However, this well-placed investment represents a unique opportunity for developers looking to capitalize on the increasing need for student housing in an urban environment. Don't miss out on transforming this site into a sought-after student residence that aligns with Dundee's upward trajectory!
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