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Student rental blocks to have “multiple themed sky lounges”

A new purpose-built student accommodation complex in Swansea pledges to shake up the way students live in the city with, amongst other things, “multiple themed sky lounges.”

A development firm, called true student, has announced a £90m four-block 706-bedroom scheme across 2.85 acres. 

Located in the north east of the city, the scheme claims to set a new standard where “the supply of high-quality purpose-built student accommodation in the city to date remains relatively low with little choice to meet the surging demand of record growing student numbers.”

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A statement from true student says the scheme will have a festival zone, cinema, multiple themed sky lounges, dedicated library and quiet study areas, plus cafe and pantry facilities. There will be a 24/7 wellbeing centre including a gym. 

 

 

Owned by The Bricks Group, the true student brand already manages over 4,500 beds across the UK and managing director Ben Morley says: “This development is our most ambitious yet and we are raising the bar even higher, setting new standards & expectations for student living.”

He pledges that it will “leave our guests, teams and partners feeling energized, connected and inspired.”  

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    Very nice too, all these things come with a cost attached, they are welcome to the student tenant business, I only rent to the working 25 + groups , my experience of renting to students in the 90s put me off them for life.

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    I have some student flats and have found second year students upwards often prefer normal flats near all amenities to cardboard clad ghettos on brownfield sites which have been Covid incubators over the last year.

    These overpriced ghettos have, however, set expectations regarding high market rents per room so they have my thanks, along with our SNP masters whose anti prs legislation has also helped rents to soar over their 14 year reign.

    On balance, their higher rents adequately compensate for frequent redecorating costs and snobby parents. I have found young professionals are very often more bother and less willing to pay the market rents than younger students financially supported and guaranteed by solvent home owner guarantors.

     
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