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The fright of finding affordable student accommodation

The horrors of finding affordable housing that isn’t crumbling at the foundations is a difficult task for many students across the country. For many studying at university their student home is simply a base for naps, cooking pot noodles, and watching reruns of Come Dine With Me (as well as studying when needed!)

However, for a select minority, moving away from home to take on the adventure of University is nothing but a continued life of luxury. The terrors of what might lurk under the kitchen sink or under your estranged flatmates bed are only imaginable in the horror movies watched in their home cinemas.

The UK’s Most Expensive Student Accommodation?

A Mayfair estate agent is launching London’s most expensive student accommodation on Park Lane, providing impressive views over Hyde Park. Ranging from 1,600 sq ft. to over 2,000 sq ft. in size the six luxury flats have been built in the recently refurbished Fountain House.

The building offers five 2 bedroom apartments and one 3 bedroom flat for sale. Renovated by Alexander James Interior Design each offers spacious living and dining areas, open plan kitchens, stone flooring, walk-in wardrobes, stone worktops, free standing baths, walk-in double showers, marble vanity tops, twin basins, a 24 hour porter, and CCTV security. A few even boast private balconies over-looking Hyde Park.

What’s the damage to the purse strings we hear you ask? Well, each two bed apartment is up for rent for £2,250 per week; that works out at £108,000 a year. The three bedroom flat is on the market for £5,260 a week or £252,000 a year and has already been let to a 19 year old fashion student from North America. With the average London salary equating to £27,000 it’s no wonder that 80% of inquiries for the properties so far have come from international students wishing to study in London.

According to the Government’s Higher Education Statistics Agency (HESA) 107,000 international students currently study in London spending £1.32 billion a year on tuition fees and £1.36 billion on student accommodation and subsistence.

Can Student’s get Reasonable Living Costs in Bristol?

With the Mayfair accommodation not even worth considering for the majority of the student population, looking elsewhere to study is essential.

According to research from HSBC, which investigated the cost of living for students in 20 towns and cities across Britain, Bristol is the seventh most affordable city for students in the country. With the aim of determining where student loans could stretch furthest the research took into account the cost of weekly essentials, rent, travel, and even a weekly supply of alcohol.

Luxury Student Living in Central Bristol

However, just because you can’t afford the quarter of a million pound rent being paid by a handful of international students, it doesn’t mean you can’t have your own piece of luxury. Forget the horror stories told by your older siblings or those disturbing Buzzfeed articles because Student Studios provide luxury living in Bristol for a fraction of the price.

From just £140 a week you can grab yourself a luxury apartment like those in Crown House; a stunning development in central Bristol. The self-contained apartments boast high specification furniture, large flat screen TV’s and fast speed broadband. You’ll also find a lift to all floors, CCTV security, and a firm favourite amongst students; a dishwasher.

Or why not take a look at another brand new city centre development for as little as £168 a week with all bills included? The Colston has been lovingly restored and converted into modern, understated luxury apartments complete with all the latest technologies including flat screen TVs and fast, wireless broadband. Students even have access to a large communal game room and lounge area.

More Help and Information

If you’re looking for your own piece of luxury student accommodation, we still have some properties available for this academic year. Equally you may be planning ahead for next September and are therefore looking for additional information and advice regarding properties in Bristol. Our team of experts here at Student Studios are on hand to help, just simply give us a call on 0117 930 8750 for more information and advice.