Development Land, Glenalpin Street, Wellwood Street & Norwood Street, Belfast
Development Land (with FPP)
Offers Over £3,750,000
Property Overview
Status
For Sale
Land Type
Development Land (with FPP)
Planning
Full Planning Permission
Property Features
Size
0.5 acres
Property Financials
Price
Offers Over £3,750,000
Additional Information
Additional Information
- Excellent position located about 0.5 miles from Queens University Belfast
- Abundance of local amenities in the vicinity to include pubs, bars & shops
- Subject site extends to about 0.5 acres (0.2 ha)
- The scheme is designed by Like Architects and will comprise of 354 beds
- Full planning permission under planning ref. LA04/2023/2922/F
- Previous planning for a purpose-built residential development
Full planning permission secured for a 354 bed PBSA scheme located in the gateway of Belfast's academic and commercial districts
This is a unique opportunity to acquire land which benefits from full planning permission for the development under planning ref. LA04/2023/2922/F. The development will consist of the redevelopment of the existing surface level car park for the erection of a managed student accommodation scheme with shared amenity spaces, ancillary accommodation, on street car parking and landscaping. Proposed floorplans available in data room.
The scheme is designed by Like Architects and will comprise of 354 beds across 11 storeys comprising 278 cluster beds (79%) ranging from 13 to 14 sq. m and 76 studio beds (21%) ranging from 17 to 22 sq m. There is a total of about 394 sq m of internal amenity space including reception/study/breakout, a gym, a cinema room and laundry.
The site benefited from outline planning permission for a purpose built residential development with 205 units under planning ref. LA04/2019/0127/O & LA04/2023/3635/RM. Further details can be provided upon request.
Location
The proposed PBSA scheme is perfectly positioned, just a 14-minute walk from Queen’s University Belfast, with exceptional public transport links connecting effortlessly across the city and beyond.
Belfast isn’t just a student city — it’s a thriving academic powerhouse. Home to two of the UK’s leading universities including Ulster University and Queen’s University Belfast, along with renowned teacher training institutions Stranmillis and St Mary’s, the city attracts thousands of students every year.
With 36% of graduates choosing to remain post-university, Belfast boasts one of the highest graduate retention rates in the UK. The city is ranked among the top places to live and work, and the 5th best in the UK for quality of life.
Major public and private investment is transforming the city, with ambitious urban renewal and infrastructure projects reshaping its future. Grand Central Station, a state-of-the-art £340 million transport hub, opened in October 2024
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