Agent appointed to sell Bolton PBSA scheme

Allsop has been appointed to manage the sale of a purpose-built student accommodation scheme in Bolton for offers over £20m. The Orlando Village scheme in Bolton town centre is owned and managed by McComb Bolton. It comprises 383 beds across eight blocks. The site is expected to generate a gross operating income of £2.7m for the 2024/25 academic year, representing a year-on-year rental growth of 15.5%. Anthony Hart, partner, student housing at Allsop said: “With limited PBSA options currently available in Bolton, Orlando Village presents a unique opportunity for investors to tap into a highly dynamic market and capitalise on the high demand for quality student housing in the area. “The opportunity offers investors genuine avenues to increase revenue, drive value and enhance an already attractive yield profile.” Image © Nick Swales/Vector Photography