Blacklight puts Liverpool PBSA scheme up for sale with £61m+ price tag

By
Simon Creasey

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Blacklight Capital Partners has put the recently completed Limelight purpose-built student accommodation (PBSA) scheme in Liverpool up for sale for £61m+. 

The 162,654 sq ft asset provides 535 beds across two blocks and the on-site amenity provision includes a sky lounge offering panoramic city views, cinema and karaoke rooms, a fully equipped gym, study zones, social lounges and private gated gardens.

The scheme is located in the city’s Knowledge Quarter, a four-minute walk from Liverpool Lime Street station.

Since opening in September 2024, it has achieved 99% occupancy and pre-letting momentum also remains strong, with 61% of beds pre-let for the upcoming 2025/26 academic year.

Jamie Radcliffe, associate director, Savills operational capital markets, which has been appointed to market the opportunity, said: “We are delighted to bring this best-in-class asset to market. Liverpool continues to attract exceptional applicant demand, with rising domestic and international acceptances outpacing many other regional cities and cementing the city’s position as a leading UK higher education hub. Liverpool’s PBSA market presents a compelling investment opportunity, with demand consistently outpacing limited supply and exceptionally few viable schemes progressing through the development pipeline. 

“The scheme offers strong defensive characteristics, with 71% of occupants being domestic students. Limelight Liverpool also benefits from a wide variety of room types and price entry points, supported by an extensive range of high-quality amenities designed to enhance the student living experience. Limelight Liverpool is perfectly positioned to meet the growing demand, offering investors a rare chance to secure a high-quality, income-generating asset in one of the UK’s most dynamic and resilient student markets.”

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