Empiric Student Property has bought the Algernon Firth student accommodation block in Leeds for £7.2m. Algernon Firth has 111 beds arranged as a mixture of en-suite flats and loft-style studios. The apartments sit within in a Grade II listed building that was originally built for the University of Leeds in 1933 and is named after Yorkshire Industrialist, Algernon Firth.
The conversion into student accommodation was completed in August 2013 and includes high quality communal areas, such as a well-equipped gym and dedicated study areas. The property has been fully occupied since completion and is 100 per cent. let for the 2014/15 academic year.
ESP : Empiric buys Algernon Firth in Leeds