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Abertay University to sell off Alloway Halls

Abertay University to sell off Alloway Halls

Abertay University is to sell off a block of student halls that was refurbished just three years ago.

Alloway Halls, on the northern boundary of the Kingsway, is on the market with an asking price of offers over £500,000.

The accommodation provides space for 144 students and was purpose-built during the early 1980s and refurbished in 2013.

The four-acre site is arranged into three blocks of six flats. Each flat has eight bedrooms and a shared lounge and kitchen.

Each building is three-storeys tall and the site, which is being marketed by Shepherd Chartered Surveyors, also contains two detached caretaker bungalows.

A spokesman for Abertay University said: “Although Alloway has been popular with students over many years, in recent times they have increasingly preferred to be located in the city centre and nearer our campus.

“We are retaining a portfolio of residences closer to the university and we also have a partnership with Parker House that together give us sufficient capacity to meet the demand for places in halls, with a variety of good quality, well-maintained and comfortable accommodation available across the price range.

“We will continue to guarantee places for students who are new to the university as we know that many students and their parents appreciate the comfort and security of a place in halls.”

Jonathan Reid, partner at Shepherd, said: “This site is located on a very prominent location, adjacent to Kingsway, and offers potential for redevelopment and conversion to alternative uses. Consequently, we anticipate keen interest in this rarely available opportunity.”