Harris Associates has brought The Fourth Yard Central London PBSA consented land site to market. It offers 100% private tenure, with no university nomination agreements needed.
Strategically located near iconic world-renowned institutions such as King’s College London, the London School of Economics and University of the Arts London, The Fourth Yard promises the opportunity to build a landmark asset in prime Zone 1.
In addition to being just steps from Elephant & Castle Underground Station and the surrounding lifestyle amenities, The Fourth Yard offers seamless connectivity to London’s cultural and academic hubs, providing access to over 30 Higher Education Institutions.
Designed by architects FaulknerBrowns, this 144-bedroom PBSA development has 361 sqm of state-of-the-art amenities, including resident lounges, a gym and safe-cycle storage for 122 bicycles.
Despite the London Plan where the majority of the pipeline is nominated to universities and cluster-led, The Fourth Yard presents a unique mixture by providing a high quantum of studios (78%) and a selection of well-proportioned clusters (22%).
The Fourth Yard also incorporates cutting-edge sustainable practices such as air source heat pumps, low-carbon materials and green roofs to enhance biodiversity.
The Fourth Yard offers investors a rare opportunity to tap into London’s thriving student housing market. With a chronic undersupply of student beds in the capital, this fully private direct-let scheme promises long-term rental growth.
“The Fourth Yard represents an unparalleled opportunity to acquire a piece of London’s Zone 1, a fully consented, oven-ready site for PBSA in the world’s best student market.
“This 144-bed scheme packs a punch as it is 100% private without any nominations requirement. We are expecting substantial interest in this landmark location from global capital.”
Jamie Harris, Head of Student Accommodation, Harris Associates
Elephant & Castle has emerged as a vibrant mixed-use neighbourhood blending historic charm with modern living in one of London’s most popular locations.
Featuring the Southwark Playhouse theatre, the Ministry of Sound and the new London College of Communications campus, the area – which is undergoing a £4bn regeneration effort spearheaded by Delancy – offers an exciting proposition.
