Canterbury Works well for new Student Housing Scheme in Oxford
White Commercial Surveyors are selling Canterbury Works Glanville Road in Oxford for a new consented Student Housing Scheme. Planning consent has been granted for the redevelopment of the existing two-storey furniture showroom, providing a mixed-use commercial use on the ground floor and 12 x one-bed student accommodation on the first and second floors.
Canterbury Works is located off the Cowley Road in Oxford adjoining existing quality Student Housing provided by A2 Dominion and Host developers. The site is only half a mile from the Cowley shopping area and 10 minutes from the centre of Oxford with easy access to the Oxford ring road and the London to Birmingham M40.
The Cambridge Centre’s for Housing & Planning research of student housing demand and supply for Oxford City Council confirms that a total of 13,467 student rooms would have to be built if the current and potential future ‘shortfalls’ in student accommodation are to be met. This would accommodate all of the students who are not currently housed by their educational institution, and living in existing family housing shared with other students, therefore, allowing the return of all shared houses currently occupied by students to the open market.
If purpose-built student accommodation is not available to meet future growth, then by 2026, 754 additional existing houses would have to be converted into shared student accommodation in order to meet demand, leading to a total number of shared houses of approximately 2,432.
Chris White of White Commercial states “This site is situated in an excellent location for this type of development close to Oxford City and already adjoining some quality student developments. We are expecting a good deal of interest in the site from both developers, investors and the colleges. The site also lends itself for self-contained accommodation and specific provision for lecturers and other university and college staff.”