Insights > Deals
MCR buys two Preston student residences with 668 beds
8 October 2026 | Portfolio acquisition | UK | 668 beds | Operational
The properties will join Flow Student, with bedroom and communal‑space upgrades planned over the next six months.
Key details
Asset type | Operational |
Location | Preston, UK |
Capacity | 668 beds |
Buyer | MCR Property Group |
Seller | Undisclosed |
Value | Undisclosed |
Operator | Flow Student |
Source: The Business Desk
By acquiring Moor Lane Halls (493 beds) and Walker Street (175 beds), MCR has expanded Flow Student's portfolio to more than 8,600 beds as it works towards a 10,000‑bed portfolio target. Rather than creating additional capacity, the upcoming refurbishment will focus on upgrading the existing accommodation.
Strategic context
Combined with the earlier purchases of Foundry Court and Trinity Student Village, this acquisition brings MCR's Preston portfolio to 1,530 student beds across four properties.
This localised scale enables Flow Student to coordinate leasing, marketing, and property management efficiently across multiple residences, while refurbishing existing units could unlock higher income potential sooner than developing new developments.
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