Covid-19 Impacts PBSA Valuation
27th Jan 2021
Code Student Accommodation has finally won its battle with Leicester City Council to build a block of student flats overlooking Bede Park.
Initially the council refused permission to develop a block of 279 student flats as part of a multi-million-pound extension to its existing student accommodation development in Western Road.
Subsequently Code Student Accommodation appealed against the decision, which resulted in a Government planning inspector overturning the ruling.
A large number of local residents had originally objected to the scheme, located next to the Western pub and the Old River Soar. At the time council officers argued that adding a substantial amount of new flats would impact the surrounding area, which is already densely populated with student residences.
Code disputed the figures on student numbers in the ward used by the council to make its objection, and the planning inspector backed the developer. As a result of the ruling on November 28, Code Student Accommodation have now recommenced work on the site.
Despite the positive outcome for Code, property director Rick Moore said: "We don't feel triumphalist as we have incurred around £250,000 in legal fees and considerable delay to the regeneration of this part of the waterside."
Code's managing director, Jamie Lewis, had asked for the council to pay the company's legal costs following the outcome, but the application was dismissed.
The developers argued that high quality purpose-built student accommodation has far less of an impact on the local community than students living in terraced houses dispersed among many streets with no on-site management or security.
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