Empiric Student Property has made its first acquisition in London with the purchase of a student accommodation block from Brandeaux Accommodation Funds for £13.25m. The announcement says the property, Liberty Fields in Camberwell, South London, is a high-quality conversion of an attractive building, which was part built in the 1930s and the 1970s and is part new-build. It began operations in 2007, with the new-build element being completed in 2010, and comprises 79 self-contained studios of varying sizes finished to a high specification. The statement says the property includes high quality communal areas such as a student common room with entertainment facilities and an attractive landscaped garden with a barbecue area.
The property is located close to Oval (Northern line) underground station, connecting to City/Central London to facilitate easy access to Central London universities as well as being within easy walking distance of a number of local academic institutions, including Kings College London and Camberwell College of Arts. It is also close to Loughborough Junction (Overground) station, providing access to the East and West of London.
ESP : Empiric Student Property invests in Camberwell