Market Leads & Opportunities

Wolverhampton development site brought to market

Source: https://www.insidermedia.com/news/midlands/wolverhampton-development-site-brought-to-market

Residential land agents at Harris Lamb are marketing a freehold development site in Wolverhampton which has planning approval for a scheme of 68 student apartments.The 0.177-acre site is located at the junction of Westbury Street and Whitmore Street, and is currently occupied by the two-storey Westbury House office building and permit holder parking facilities, which are set to be demolished.In their place, planning permission has been granted for the erection of purpose-built student accommodation with bicycle parking, outdoor amenity space and landscaping.James Willcock, of Harris Lamb’s residential land team, said: “This is a fantastic opportunity for a developer or landlord to deliver a high-quality student accommodation scheme in a vibrant city.”The site occupies a central location within the city, with superb access to all of the services and amenities that Wolverhampton has to offer, and lies just a three-minute walk from the University of Wolverhampton campus.”The new development will comprise of a part four-storey, part five-storey studio apartment building, with the ground floor being occupied by an entrance lobby, gym, communal areas, circulation cores and student accommodation, and the upper floors housing further student accommodation – 68 studios in all.”Westbury House was previously used as Hickman’s and Mould Dairy, which was later used as the YMCA Youth Centre.Willcock added: “We are anticipating strong enquiry levels in this opportunity.”This is a well-planned, attractive student scheme which has been designed with great care being taken to ensure that all bedrooms benefit from a high-quality outlook and are served by high levels of natural light, and we believe that there are numerous businesses and individuals in the region who will be keen to take ownership of the project and bring it to fruition.”