Students to Face Even Higher Interest Rate Charges After RPI Increase
20th Apr 2018
Permission has been granted to develop a four storey block of student flats in a conservation area in Princess Road East, Leicester.
Plans were submitted by N&V Limited to build 106 self-contained student studio flats next to the grade two registered park and garden of New Walk, where a car park currently resides.
There were 22 objections to the plans received by Leicester City Council, with complaints ranging from the architecture, parking, too much student accommodation in the area and concerns over possible disturbance during construction and once the site is occupied by students.
Despite the concerns in a recent planning meeting at City Hall, the panel, chaired by Councillor Ted Cassidy agreed that planning permission should be given, subject to conditions.
After the application was granted Neil Thakkar, speaking on behalf of N&V Limited, said that "it is an exciting opportunity for us to do something great in the area, which is so historic".
It has reportedly taken two-and-a-half years to gain permission for the development but concerns still remain over whether students will integrate with long-term residents.
20th Apr 2018
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