Property company Bradley Hall was tasked with marketing the development. We purchased the site within a seven-week period and look forward to commencing development.' Nigel Jones, director and owner of PMI Developments, said: 'With the well-publicised shortage of student beds in and around Durham, we are delighted with the purchase of this site, to help provide quality accommodation for this world class university.

Once the building has been demolished, PMI and Peveril will start on the construction of the development early next year, ahead of its anticipated opening just before the start of the 2025 academic year. Under the backed plans, the building will be demolished and re-built, with work set to commence in the coming months. Plans to transform a former bingo hall on the outskirts of Durham City into student accommodation have taken a significant step forward, after the building was snapped up in a deal worth £1.85m.ĭerby-headquartered PMI Developments and Peveril Securities have purchased the former Majestic Bingo & Social Club on Sherburn Road, which benefits from planning permission for 128 en-suite beds and 15 parking spaces. The former bingo hall has been snapped up for £1.85m.

Majestic bingo hall