The 156-room Bradbury Place purpose-built student accommodation scheme in Belfast, the first in Northern Ireland by alternatives investment specialist Elkstone, has opened for reservations - at up to £17,850 for a single academic year.
The £20 million scheme near Queen’s University, will open in September ahead of the 2024/25 academic year, with students being encouraged to book soon to avoid disappointment.
The luxury scheme boasts en-suite student living units consisting of a mixture of cluster and studio beds over five floors, and facilities including a state-of-the-art gym, cinema room, hi-tech shared study space, an interactive lounge, communal break-out space areas and 24/7 security.
The property is managed by student accommodation company Mezzino, an experienced operator with student schemes at 34 locations across the UK and Ireland.
According to its website at www.bradburyplace.com, rooms can be reserved for £8,415 (or £165 a week) for a 51-week term, or £7,650 for a 45-week, or £170 a week.
But some of the high-end and deluxe studios will cost in the range of £205 to £350 per person per week, the latter working out at £17,850 for one academic year.
It is understood the costs are generally in line with the market for such accommodation.
Prospective students are invited to attend an open viewing event, running until August 17, where they can explore the accommodation on offer and learn further important information. Viewings by appointment can be arranged thereafter.
Ciarán McIntyre, co-founder and head of real estate at Elkstone, said: “The new student residences at Bradbury Place opening for bookings marks an important milestone for us, as it is our first student property in Northern Ireland.
“With demand for purpose-built student accommodation continuing to surge, Bradbury Place will be a major addition to Belfast’s offering and will play a leading role in helping to meet the needs of the ever-growing student population seeking high-quality spaces to live.
“Bradbury Place offers best-in-class facilities and amenities in a central location that is convenient to both Queen’s University Belfast and Ulster University.
“The new rooms can be reserved online but we expect they will go quickly given the demand that exists for accommodation of this calibre and we very much look forward to welcoming students in September and seeing the scheme thrive.”
Elkstone and Mezzino are offering exclusive discounts to those who book by August 24, providing savings of £500 on en-suite rooms, and up to £750 on Studio Suite reservations.
Elkstone as a rich pedigree of delivering high-quality PBSA schemes across Ireland, with an impressive portfolio in Galway, Cork and Dublin.