City Student Accommodation Costs £300 A Week

Dean Nicholas
By Dean Nicholas Last edited 105 months ago
City Student Accommodation Costs £300 A Week

0312_nido.jpg The unsightly Nido Spitalfields, the 33-story student tower block in the City, has a cost as unappealing as its profile: tenants will be expected to pay up to £300 per week in rent, with the cheapest rooms (or "cubes" as they're described) scarcely any more of a bargain at £245 a week. Now, it's a long time since Londonist was an awkward, spotty teen lurking around a Freshers' Fair, but £1,200 a month is an immense figure for a student, especially when you consider that, for the price, you could easily rent a one- or two-bedroom flat. Owner Blackstone plans to entice the concerned parents of foreign students into forking over the cash, trading their pounds for peace of mind that their offspring can live in trendy Spitalfields without having to actually deal with any of the real-world issues that the area faces. If you're a parent of modest means worried about finding your child a place to live in at university, this won't be much comfort. Nido Spitalfields, which will house 1,200 students, opens next year. (Image / flipr.uno)

Last Updated 03 December 2009