Since Dartmoor Capital Management’s involvement in the launch of the Mansion Student Accommodation Fund and its acquisition of St Andrews Gardens, Liverpool in December 2009, we have advised on the acquisition of 18 further private student halls of residence. The MSAF advised by DCML now owns 3,400 beds of direct let student accommodation within 8 of the UK’s top 30 University towns and cities including Birmingham, Edinburgh, Leicester, Liverpool, London, Manchester, Nottingham and Oxford. The fund as at 30th April 2012, has a Net Asset
Value of £193.1m and: -
Gross Asset Value: £306.1m (Approx)
Portfolio Value: £293.4m (Approx)
Gross Rental Yield: 8.14% (Approx)
Net Rental Yield: 6.69% (Approx)
Total Beds Provided: 3,400

Heald Court, 6 Heald Grove, Manchester, M14 4PE

  • Valuation: £3.65m - As of 30th April 2012
  • OMV on Acquisition: £3.65m (30th April 2012)
  • Flats: 9 Flats with 39 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.90%

Oxney House & Gardens, 38-40 Oxney Road, Manchester, M14 5SZ

  • Valuation: £2.8m - As of 30th April 2012
  • OMV on Acquisition: £2.8m (30th April 2012)
  • Flats: 11 Flats with 51 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.90%

Park View, 345 Moss Lane East, Manchester, M14 4LA

  • Valuation: £16m - As of 30th April 2012
  • OMV on Acquisition: £16m (30th April 2012)
  • Flats: 46 Flats with 222 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.90%

Daisybank Villas, 5-7 Anson Road, Manchester, M14 5BR

  • Valuation: £8.95m - As of 30th April 2012
  • OMV on Acquisition: £8.95m (30th April 2012)
  • Flats: 36 Flats with 125 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.87%

Windsor Court, 112-128 London Road, Liverpool, L3 5NL

  • Valuation: £12.02m - As of 30th April 2012
  • OMV on Acquisition: £12.02m (23rd March 2012)
  • Flats: 100 Flats with 103 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 7.13%

Mansion Bloomsbury, 101 - 105 Gower Street, Bloomsbury, London, WC1E 6AA

  • Valuation: £12.75m - As of 30th April 2012
  • OMV on Acquisition: £12.75m (19th December 2011)
  • Flats: 41 Flats with 75 Beds
  • Net Initial Yield: 6.00%
  • Net Rental Yield: 6.30%

Mansion Studios, 100-102 Talbot Street, Nottingham, NG1 5NH

  • Valuation: £12.6m - As of 30th April 2012
  • OMV on Acquisition: £12.6m (15th December 2011)
  • Flats: 140 Flats with 140 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.88%

Mansion Tower, Courland Grove, London, SW8 2PX

  • Valuation: £39.9m - As of 30th April 2012
  • OMV on Acquisition: £37.9m (30th November 2011)
  • Flats: 196 Flats with 196 Beds
  • Net Initial Yield: 6.25%
  • Net Rental Yield: 6.32%

James Craig Court, 27 - 31 James Craig Walk, Edinburgh, EH1 3BA

  • Valuation: £13.11m - As of 30th April 2012
  • OMV on Acquisition: £12.85m (25th October 2011)
  • Flats: 29 Flats with 106 Beds
  • Net Initial Yield: 6.25%
  • Net Rental Yield: 6.47%

Mansion Brook, 536 Bristol Road, Selly Oak, B29 6BD

  • Valuation: £12.23m – As of 30th April 2012
  • OMV on Acquisition: £11.65m (19th May 2011)
  • Flats: 3 Flats with 72 Beds
  • Net Initial Yield: 6.25%
  • Net Rental Yield: 6.29%

Lightfoot Hall, Manresa Road, Chelsea, SW3 6NA

  • Valuation: £47.75m - As of 30th April 2012
  • OMV on Acquisition: £47.6m (4th April 2011)
  • Flats: 165 Flats with 299 Beds
  • Net Initial Yield: 6.1%
  • Net Rental Yield: 6.65%

Ben Russell Court, Grasmere Street, Leicester, LE2 7PT

  • Valuation: £22.08m – As of 30th April 2012
  • OMV on Acquisition: £20.67m (17th December 2010)
  • Flats: 91 Flats with 430 Beds
  • Net Initial Yield: 6.4%
  • Net Rental Yield: 6.84%

The Gladstone, Union Road, Nottingham, NG3 1FG

  • Valuation: £33.93m – As of 30th April 2012
  • OMV on Acquisition: £33.4m (10th December 2010)
  • Flats: 155 Flats with 605 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 7.04%

Landale House, Lower Road, London, SE16 2XG

  • Valuation: £10.05m – As of 30th April 2012
  • OMV on Acquisition: £10m (30th July 2010)
  • Flats: 21 Flats with 101 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 7.15%

Mansion Square, Russell Street, Nottingham, NG7 4FL

  • Valuation: £8.07m – As of 30th April 2012
  • OMV on Acquisition: £6.9m (19th July 2010)
  • Flats: 29 Flats with 147 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.83%

Mansion Court 1 & 2, 87 Dantzic St, Manchester, M4 4DW

  • Valuation: £5.75m – As of 30th April 2012
  • OMV on Acquisition: £5.39m (30th April 2010)
  • Flats: 21 Flats with 99 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.75%

Mansion House, Cavendish St, Manchester, M15 6BQ

  • Valuation: £3m – As of 30th April 2012
  • OMV on Acquisition: £2.83m (30th April 2010)
  • Flats: 10 Flats with 43 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.52%

4-6 Cambridge Terrace, Oxford, OX1 1RR

  • Valuation: £5.07m – As of 30th April 2012
  • OMV on Acquisition: £4.4m (11th March 2010)
  • Flats: 36 Flats with 38 Beds
  • Net Initial Yield: 6.25%
  • Net Rental Yield: 6.43%

St Andrew's Gardens, Moor Place, Liverpool, L3 5QY

  • Valuation: £23.7m – As of 30th April 2012
  • OMV on Acquisition: £17m (24th December 2009)
  • Flats: 96 Clusters with 475 Beds
  • Net Initial Yield: 6.5%
  • Net Rental Yield: 6.57%