Vaughan & Bolckow House Development
Vaughan and Bolckow house is a purpose built student accommodation development located in Teesside. V&B development has 33 luxury en-suite bedrooms split between 6 apartments. Each apartment comes with a large open plan kitchen and living area compete with TVs and all the modern appliances a student could need. The development has free parking included and super-fast unlimited WIFI.
V&B House is just a short 10 minute walk from the centre of Teesside University and in perfect proximity to the local shops, bars and restaurants. Vaughan and Bolckow was one of the first developments Atha Developments completed in 2016. Since then V&B has been 100% occupied and still one of the highest performing assets in the Atha Development’s portfolio.
Development Statistics
| Over 8 consecutive years, V&B has maintained a great 100% occupancy rate. |
| The development generates an annual rental income of £201,000 |
| The property's recent valuation reached £2,300,000 |
| Resulting in a significant capital gains profit of £1,100,000 |
| The project achieved a remarkable return on capital employed (ROCE) exceeding 16.5% |
Other Developments
St James Studios
Location
Middlesbrough
Project Launch
2018
Project Type
Commercial redevelopment creating 60 student apartments
Dorman House
Location
Middlesbrough
Project Launch
2022
Project Type
New build PBSA creating 55 studio apartments