28th January, 2016, by David Hargreaves

FHP Student Living have been instructed to market and manage the new student accommodation development, ‘Hydrogen-Urban Student Living’, next to The Theatre Royal and adjacent to Nottingham Trent University City Campus on Goldsmith Street.

Planning permission has been granted to convert the building, formerly known as Barrasford House and Madison’s night club and more latterly Halo Nightclub, into 162 studio apartments. Just 150 metres from Nottingham Trent University’s Newton building, the studios will be available from September 2016 and once fully let, FHP Student Living will sell the investment.

Alongside providing premium student accommodation close to all the amenities of Nottingham city centre, students will be well catered for by the ground floor of the building which will be developed to provide retail and restaurant accommodation. Rents will start from £150 per week all inclusive of bills, up to £300 per week for the Penthouse Studio, which is probably the most expensive student room in Nottingham.

Due to the increased demand for quality student accommodation, the student investment sector is the best ‘asset class’ in terms of performance over the past 10 years. Annual investment into purpose built student accommodation for 2015 was estimated to be nearly £6 Billion, which is more than ten times what it was in 2010.

David Hargreaves of FHP commented:

“I am struggling to think of a better located Student Accommodation scheme in Nottingham — it is literally a 3 minute walk to NTU. These Studios will be significantly larger than the norm and as standard will be finished to the equivalent of a 4 star hotel. There will be a secure entry system, concierge services, a common room, cinema room, games room and bike storage available for use by the students, with the development to be managed by FHP .

We have a marketing suite and ‘Show Studio’ launching in mid February when our full marketing campaign will start and you can find more information on the Hydrogen website which is now live at www.hydrogenstudents.co.uk. Already we have had more than 50 people register interest in the 162 unit scheme just from walking by the site. It is a far cry from the £12.50/ week West Bridgford bedsit that I stayed in back in the 80s, when I was studying at the old ‘Trent Poly’. 

FHP have very strong links with NTU. 15 of our staff are Alumni of the University and the University’s sports teams now have the FHP Student Living logo on all 8,000 pieces of their kit.”

FHP Commercial will also have a 3500 ft² restaurant unit and 1200ft² retail unit on ground floor.

The developers are a Jersey based development company.

For more information, please contact David Hargreaves on 07876 396003 or davidh@fhp.co.uk or Jonty Green on 07917 460030 or jonty@fhpliving.co.uk
hydrogen student living