Covid-19 Impacts PBSA Valuation
27th Jan 2021
Developers aiming to build more student accommodation in Cardiff have promised its offering will be more affordable.
JM Properties Management are seeking permission to demolish buildings at the junction of North Road and Mindy Road and replace them with studios and flats in a building up to six storeys tall.
In total 137 beds will be built if councillors give the application the green light, along with a ground floor shop, four parking spaces and 72 cycle spaces.
Documents submitted as part of the application process said the development will be "high-quality" but not "top-end" and therefore the accommodation will be more suitable for students who would traditionally occupy existing housing stock in the area.
"Taking into account privately-owned and university-owned student accommodation and the 'pipeline' of unimplemented planning permissions, there are still approximately 14,000 students in existing housing stock, with the majority within the wards of Cathays, Plasnewydd and Roath."
"This development will reduce the pressure on the existing housing stock within Cathays, Plasnewydd and Roath, potentially returning it to the open market for family homes".
A number of objections have been submitted in relation to the plans. In particular, councillors say the building would be overbearing and out of character, while others suggest there are already issues with parking and anti-social behaviour in the area.
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