Local Needs and Challenges
key challenges facing york’s student accommodation market
- York has one of the highest student-to-bed ratios (2.25 for each bed), with demand continually unmet for purpose-built student accommodation.
- Poor availability and lack of affordability highlighted by current York students.
- York’s provision for student accommodation is well below demand.
- The scale of this opportunity allows us to create a genuine community with health and wellbeing at its core.
- The Foss Bank project can alleviate this entire problem.
2 in 5 students surveyed are unable to secure their preferred accommodation in York.
The average York student needs to find an additional £1.3k per year to fund living costs.
3 in 5 students in York are concerned about or struggling to balance living costs.
Fixed rents and bills are in the top 70% of students’ agenda – they’re seeking stability.
6% of respondents are planning to commute from outside of the city.