Monday, 26 May 2014

New Student Accommodation facilities Channing the Look of Newcastle

The demand for student accommodation is not only increasing in Leeds, but it is also on the rise in other parts of the UK too. This can be judged from a latest report of Chronicle Live which revealed that construction of new student accommodation in Newcastle is changing the face of area. The major development that is taking place in this regard is at Northumbria and Newcastle Universities that has huge potential for growth. To track the development of student properties in Newcastle, Chronicle Live has recorded the progress of such projects that were built between 2008 and 2013. When these projects were combined with current schemes it was discovered that nearly 10,000 new student rooms have been constructed so far.


This rapid increase in the construction of student properties has not only diverted the focus of investors in the Newcastle towards this investment, but has also made the people of the city worried. For the reason that people believe that if the growth rate of student properties continues to rise with the same pace the affected areas are likely to become “student ghetto.” Besides, this the local residents also think that construction of multi-storey buildings will ruin the area. Also, late light-night disturbance from students will have a bad impact on the communal. Moreover, once students will go home during their summer holidays the area will look completely deserted.



Arguing against this view the associate director of Nathaniel Lichfield & Partners, Ian Kettlewell said that the construction of student accommodation in the city will enable less rich families to move out of the area, as they have to migrate from the region. Now it remains to be seen whether this concern of local residents will cause any impact on the growth rate of students’ accommodation in the area. However, in Leeds things are little different because more and more local residents are looking to let their property on rent to students. And Oasis Properties is helping them a lot in this regard, as it has specialised in student and professional lettings

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