A new £8 million student housing development situated in the centre of Liverpool, has been completed. The accommodation block, Windsor Court, was developed and built by Parkmoor Group, who received backing for the plans from Lloyds TSB. The housing block is made up of 100 flats, 97 of which are open plan studios, with three one-bedroom flats.
The flats are furnished with a number of amenities including fitted kitchens, high-speed internet access and flat screen television. In addition the complex also has on-site laundry facilities and secure car-parking in the basement. Although the flats are open to all students based in the city, they are designed to cater for older, postgraduate students who the company feels have greater expectations:
“There are a lot of international students coming to study here and they insist on a certain standard,” said Parkmoor managing director Rob Cooper.
The company purchased the city centre site – which is opposite TJ Hughes – in 2009, at which time it was still being rented. The work on demolishing the existing building began in July 2010, after financing had been secured:
“Getting funding is never easy, but I think the banks were impressed with our in-house expertise – we had done an awful lot of market research,” said Cooper.
He added that Parkmoor plans to retain the property, which can be added to the company’s existing portfolio of properties. They are developing a further project, also for students, to be situated near Windsor Court.