Guildford is to join a small, but growing, number of towns and cities across the country with co-living accommodation after our team gained planning permission for Scape Student Living from Guildford Borough Council.
More than 110 co-living units will be built on Kernel Court by the student living specialist, giving its residents access to high-quality shared living space alongside their own private bedroom - in what is described as a hybrid between student living and house-sharing.
There are currently around ten other co-living schemes across the UK, with the majority located within London and a number in Manchester.
The five-storey building will sit alongside a new student accommodation building currently under construction for Scape Student Living and will be located close to the town’s railway station and centre. It will occupy land that had previously been used for light industrial and distribution purposes before it became vacant.
Planning Associate Ben Shaw said: “As well as providing a new form of accommodation to the Guildford rental market, the co-living scheme also has the potential to be of real benefit to the town, by reducing stress on the private rental housing market in traditional housing stock.”
Co-living is a form of build-to rent accommodation which has been formulated to provide compact living for the millennial demographic. The accommodation is targeted towards people aged between 20 and 35-years-of-age as well as graduates and young professionals who wish to continue communal living in the Guildford area.
The advantage of co-Living is that the accommodation is modern, secure and purpose built, thereby providing quality accommodation. It also offers residents an opportunity to continue to live as part of a community encouraging sharing and collaboration. Accommodation is also flexible and cost-effective in order to suit differing requirements and before decisions are made on permanent living locations and arrangements.
Image: Stephen Marshall Architects
As featured in Property Week.
Posted with the following keywords:
Co-Living, UK Housing, Build to Rent, Student accommodation