The Roaming Empire
As buying a house becomes harder and remote working simpler, should we remain wedded to the idea of settling down? …
Developers promise ‘affordable’ student housing – Cardiff
A developer has promised student flats it hopes to build in Cardiff would be affordable while other providers in the city struggle to let their rooms.
The city has had tens of applications for student flats in recent years …
Plans in for £40m Newcastle student rooms blocks
Newcastle developer Adderstone Group has submitted plans for a 535-bed student scheme in the city at the the site of the Technopole office building.
The office at King’s Manor Business Park has remained empty for a number of years. Now the developer plans to demolish the building and replace it with two student accommodation blocks.
Plans were drawn up by architect Ryder Architecture with the rooms designed in clusters of 160 apartments across the two buildings standing eight to 12 storeys high …
Does Birmingham have too many student flats
The student housing market in Birmingham is being investigated by city planning chiefs as more and more apartment blocks spring up on the city’s skyline.
Selly Oak and Bournbrook have already been transformed as family houses are converted into student homes and now the city centre is being inundated with planning applications for student accommodation.
Council planning committee members have frequently raised concerns over the increasing number of student blocks being applied for and built wondering if there is enough demand …
Build-to-rent sector grows pipeline of homes for UK renters by 30 per cent
The British Property Federation (BPF) publishes today its first set of annual data on the build-to-rent sector’s growth, which shows the total number of build-to-rent homes complete, under construction and in planning across the UK has increased by 30 per cent in the past year.
To aid transparency on the sector and its growth, the research has been produced by Savills, commissioned by the BPF, and is published quarterly as an interactive map on the BPF’s website.
In the UK there are now 117,893 build-to-rent homes – new, high-quality and professionally-managed homes built for renters – across all stages of the development lifecycle, compared to the total of 90,761 homes at the end of Q1 2017 …
Co-living could create a new property investment sector in the UK
In 2016/17 there were around 2.32 million students attending universities and higher education across the UK, and with the numbers on the rise, catering for the accommodation needs of millions of graduates is a vital part of solving the housing challenge.
The concept of co-living for students, graduates and young professionals has already taken off in Europe and in some parts of the UK, and could provide a new segment of property development and investment.
Building co-living, purpose-built developments would provide vital accommodation to millions of people and could help ease the housing crisis, particularly in areas with dense student and young professional populations such as London, Birmingham, Manchester, Nottingham and Sheffield …
Liverpool Student block developer ran out of cash after taking £11m from buyers
A collapsed student developer in Liverpool took more than £11m from overseas buyers – but ran out of money to get the building finished.
Work on The Quadrant in Shaw Street, Everton, stalled two years ago leaving investors who had bought flats in the block fearing for their money.
Developer Pinnacle Student Developments (Liverpool) went into administration in January with “insufficient funds” to get the building finished …
Plans lodged for student flats on stalled Leeds development site
More details have been revealed on a proposed 300-bedroom student accommodation scheme on a long-stalled development site in Leeds, after a full-planning application for the development was submitted.
Select Property Group acquired Portland Crescent, the site of the part-built Leeds Arena Hotel, in September 2017 under its Vita Student brand.
Work previously stopped on the site in March 2015 when the building contractor and its parent company went into administration …
Berkeley House in Bristol to become student accommodation
A Grade II listed building in the centre of Bristol will be turned into accommodation for 43 students – and they will even have their own gym.
Berkeley House, on the corner of Pritchard Street and Newfoundland Street, is currently empty but was previously used for office space.
Now developer Featured Developments Limited has been given the thumbs up to convert the five-storey building into student digs …
University of Portsmouth confirms summer closure of Langston student homes
Staff are being consulted as the city’s university progresses plans to shut a 600-bed accommodation campus.
The student flats at Langstone, off Locksway Road, are due to shut this summer.
University bosses are currently consulting with workers over jobs and the closure in the next few months …