The scheme comprises 458 beds split into en suite clusters (69%), townhouse rooms (16%), studios (7%) and apartments, ranging between one and three beds (7%) Luxurio was 100% let for the 2022/23 academic year and is on track to achieve a similarly strong performance for the 2023/24 academic year.
The property provides an impressive amenity offering to its students, including large social and lounge spaces, dedicated study booths and rooms, games room, cinema room and state-of-the-art commercial-grade gym.
The gym is a key driver of student satisfaction, as the University of Loughborough is widely known as a centre for sports excellence.
The property provides an impressive amenity offering to its students, including large social and lounge spaces, dedicated study booths and rooms, games room, cinema room and state-of-the-art commercial-grade gym.
The gym is a key driver of student satisfaction, as the University of Loughborough is widely known as a centre for sports excellence.
Luxurio is the only premium PBSA asset in Loughborough.
Loughborough was ranked 7th out of 130 universities in the Complete University Guide 2024 – retaining its Top 10 status year-on-year
There are only 8,258 PBSA bed spaces in Loughborough, meaning 56% of students are unable to access PBSA. This equates to a multiple of 2.27x students for every bed space
Loughborough University is nationally and internationally recognised for its sporting prowess – as the majority of the British Olympic team studied at the university. It was named University of the Year for Sport by The Times and Sunday Times Good University Guide 2022 and has received over £60m of investment over the past 15 years, including the new multi-million pound Powerbase gym extension on the university campus. It continues to attract athletes from all over the world.
Loughborough was ranked 7th out of 130 universities in the Complete University Guide 2024 – retaining its Top 10 status year-on-year
There are only 8,258 PBSA bed spaces in Loughborough, meaning 56% of students are unable to access PBSA. This equates to a multiple of 2.27x students for every bed space
Loughborough University is nationally and internationally recognised for its sporting prowess – as the majority of the British Olympic team studied at the university. It was named University of the Year for Sport by The Times and Sunday Times Good University Guide 2022 and has received over £60m of investment over the past 15 years, including the new multi-million pound Powerbase gym extension on the university campus. It continues to attract athletes from all over the world.
MARKET
COMMENTARY
There are only 8,258 PBSA bed spaces in Loughborough, meaning 56% of students are unable to access PBSA. This equates to a multiple of 2.27x.
The supply pipeline in Loughborough is particularly thin. If all new beds in the planning pipeline are delivered, supply will only increase by c.80 beds, equating to less than 1.0% of Loughborough’s full-time student population.
THE KEY STUDENT DEMOGRAPHICS
18,760
14,950
3,805
THE KEY STUDENT DEMOGRAPHICS