Bywater House, Birmingham

Location

Birmingham

Type of scheme

PBSA

Size

103-bed studio units

Development stage

Completed

We saw the opportunity to invest and develop this empty plot of land on Waterworks Road near the Edgbaston Reservoir in Birmingham. Measuring some 5,484 square feet and being a 15-minute walk from the city centre, the site was suitable for both residential and student schemes.

We opted for a PBSA, securing planning consent for the site, which was then built by a third party. Sama managed the asset on their behalf and sold the development once it had been stabilised and optimum occupancy realised.