Duresme Court, Durham

Sector Property
Deal Type Asset Management
Initial Investment April 2017
Transaction size £26m
Location Durham
Maven Office Glasgow
Duresme court logo

In April 2017 Maven collaborated with IP Investment Management (IPIM) and developer County Properties Group, to complete a latest purpose-built student accommodation development in Durham. The £26 million development, located on the site of a former commercial laundry, has seen the creation of 274 en-suite studio apartments constructed across six townhouse blocks.

Duresme Court provides students with high-spec accommodation and excellent communal areas, including cinema lounge, games room and gym. The development is located only a three-minute drive from Durham University, and is also close to the university’s business school, University College and Durham Law School.

Duresme Court was completed in August and opened in time for the 2018/19 academic year, following a 14 month build.

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