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Housing Developer Buys Former Leeds Student Halls

September 5, 2013 | Landlord News   Professionals  

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DTZ has completed the sale of the second phase of the former halls of residence belonging to the University of Leeds at Bodington Hall in Adel, North Leeds. Bodington Hall used to be one of the largest student accommodation sites owned by the university, providing 650 catered rooms and 498 self-catered rooms.

Financial details have not been disclosed, but Phil Roebuck of DTZ, who led the sale, said, “This is a prime development site which will form a natural extension to Bodington Manor.

“It was no surprise that this site generated huge interest and an excellent price.”

David Wilson Homes, the buyers, plan to redevelop the site. Over the 20-acre site, they have proposed the construction of 110 luxury family homes.

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The University of Leeds bosses were very pleased following the first phase sale in April, in which the housebuilder fought off strong competition, and have been satisfied again with this latest sale. Steve Gilley, the head of estates at the university, said, “Following the success of the Phase One sale, we are pleased to have concluded a further sale to David Wilson Homes.

“The sale proceeds will be reinvested in developing and enhancing our academic estate and investing in the student experience at our city centre campus.”

 

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