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Crown Place Offers Up High-End Student Living

Posted by Richard Ward in

Image courtesy of Flickr, Creative Commons

Crown Place is helping to redefine student accommodation in Norwich, providing facilities such as a gym, cinema and games room.

However, the additional amenities come at a price, with rents starting from £150 pppw.

Nick Taylor, chairman of the Norwich & District Association of Estate Agents and managing of Hadley Taylor, said the expectations of students had changed hugely.

He added: "The trend certainly seems to be moving to more up-market student accommodation with en-suite rooms in new build developments."

"Students increasingly want a higher standard of accommodation, or at least their parents want them to have it, and this is especially the case with overseas students whose fees underpin the higher education business model."

"This does not mean there isn't a place for traditional, shared student houses in the city to suit students on lower budgets. Some smaller landlords have divested out of student accommodation in recent years and the market has become more corporate in it's make up, but this is more due to changes in stamp duty and mortgage tax relief than for any other reason."

Another substantial block of PBSA is already taking shape to meet this growing demand for high end student homes, with work on the Barn Road site due to be complete in time for the 2020-21 academic year.