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New tower of glass opposit the golden cross

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Re: New tower of glass opposit the golden cross

PostWed Apr 25, 2018 1:03 pm

Lewisbeecham wrote:If you have a look at the Bridge Street Exchange website, a lot of the student flats are already let, and in my opinion, are very fairly priced.

This can only be good news for this tower!

I'm not sure it is doing so well. Only a couple of types are "SOLD OUT". We don't know what "Limited Availability" actually means. And most of the more expensive rooms are still just "Available".

Do most students in Cardiff in their first year still live in uni-managed halls? If so, maybe a lot of second, third year students will leave it late. But if you want people newly arriving in Cardiff to go for this accomodation.. wouldn't they have already looked to reserve accomodation? (shortly after getting offers).

And I'm not sure it does represent good value to students. You're looking at £123 - £145 a week for a fairly regular en-suite room with access to shared kitchen/lounge with 5-8 other people. Now these prices admittedly look broadly similar to university-provided en-suite accomodation.

But compared to living in shared student housing, its a lot. Its £530 - £630 a month, compared to pretty decent student housing between £300 - 400 a month (with cheaper, less nice stuff available too). OK in most of those you have to share bathrooms with someone else (typically one or two). And you'll have gas, electric, water, internet - but split multiple ways that isn't so expensive. But on the flip-side you'll probably have more control over who you live with; will probably have more independence/fewer rules; and probably have a private garden (although that can be a con as well as pro, given maintenance).

The studios offer poor value for money. You can rent a bigger one bed flat in Alto Lusso or St Davids II for less, or a much bigger two bed for much less per person. Maybe students find it hard to rent flats without a credit history? But otherwise I don't see why those able to afford the prices for studios don't look at general residential areas. They can't be that social wanting to be in a studio anyway!

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