A lettings agency has marked six months in business by embarking on a £100,000 project to create what it calls its city’s most luxurious student accommodation.
Student Housing opened an office in Nottingham in May and this month started to transform five apartments “into the city's most prestigious student homes.”
Each apartment will be uniquely decorated and finished to standards found in five-star hotels, says Harry Conti, director of Student Housing.
"The apartments are being given our Luxe treatment, which means each one will benefit from professional interior design and the highest possible standard of finish” he says.
The design, decor and features of each property will be unique. The flooring, furniture, lighting and facilities will be incredible and will appeal to students wanting to live in luxury while at university. They will have will all have en suites and an array of touches that you'd expect to find only in the best hotels, such as cinema rooms, emperor sized LED TV beds, designer kitchens and furniture."
Student Housing acquired the properties in September on behalf of a property investment company and will let and manage the Luxe apartments once the improvement programme is completed in January.
The agency believes the properties will be unique in Nottingham's array of student accommodation, and will command a significant rental premium, being 50 per cent more expensive than the average room in a shared house.
"No one else in Nottingham is offering accommodation like this," he adds.
"We know from our experience in Lincoln that there is a market for premium accommodation like these. There is a long waiting list for our Luxe properties in Lincoln, where we have an office, and those properties are always the first to be let. We expect it to be the same in Nottingham."
Student Housing was set up in Lincoln in 2015 and now employs 15 people who let and manage over 500 properties to more than 1,200 students in the two locations.