St Katherine Investment Group has put a fully stabilised student accommodation portfolio in Southampton on the market for £25m+.
The Urba-Life Portfolio comprises three freehold schemes – Marland House, The Courtyard, and Queens Gate – which provide 220 studio apartments, all 100% let for the 2025/26 academic year, alongside six fully let commercial units. The portfolio has an average rent of £233 per week.
The assets, which were developed and refurbished by St Katherine Investment Group between 2014 and 2016, are managed by Homes for Students and generate a net annual income of £1.88m.
Nick Robinson, from the residential capital markets team at BNP Paribas Real Estate, which has been appointed to market the opportunity, said: “Opportunities of this scale and quality are increasingly scarce. The Urba-Life Portfolio delivers reliable, fully stabilised income with clear potential for further value creation. Southampton’s strong demand fundamentals, limited supply pipeline and resilient rental performance continue to make it one of the UK’s standout PBSA markets.”
