Proximity to Universities
The Vantage is strategically located near the centre of Nottingham, providing strong access to both the Russell Group University of Nottingham and Nottingham Trent University. Students can access Nottingham Trent via a 15 minute walk or just a 6 minute cycle, with the University of Nottingham accessible via a 12 minute cycle. Students also benefit from the new modern tram system, with the most recent phase opening in 2015 offering direct services to both universities. Completing in phases between 2022 and 2024, the brand new University of Nottingham Castle Meadow Campus is now open adjacent to The Vantage, providing multiple state-of-the-art facilities including new business schools, meeting hubs, events spaces and sports amenities.
The new Castle Meadow Campus completely transforms the South Side Regeneration area, offering students newly delivered best-in-class University of Nottingham campus facilities on their doorstep.
Local Supermarkets
Supermarkets such as Tesco Express and the Co-op are conveniently located within a 3-minute walk from The Vantage, providing easy access for food shopping and essential needs. Additionally, Lidl and Sainsburys are situated a short walk away.
Shopping
Nottingham offers students a diverse shopping experience. The Victoria Centre presents a variety of shops such as Boots, Urban Outfitters, Next, and John Lewis, along with several dining options. Nottingham City Centre similarly features a collection of clothes shops, art galleries, and specialty stores – all within easy access of The Vantage.
Food & Beverage
Regarding food and beverage, Nottingham is host to a range of restaurants, bars and pubs. The Vat & Fiddle pub, closest to The Vantage, alongside the renowned Castle Rock Brewery, are popular with students. A plethora of dining options can be found in Hockley, which boasts a diverse range of restaurants and cuisines, including Mowgli, Bar Iberico, and Shanghai Shanghai. Other nearby popular restaurants include as Browns, Casa Italian, and Fothergills.
Leisure & Entertainment
The Vantage provides easy access to various nightlife options within walking distance. The Lace Market, known for its hip bars, clubs, and live music venues, offers an energetic atmosphere with diverse music genres, all within a 15-minute walk. Hockley, an exciting neighbourhood, features an eclectic range of bars, pubs, and cocktail lounges, making it a prime location for socialising, enjoying live music, and trying unique drinks. Additionally, Broad Street offers a lively evening entertainment scene with bars, clubs, and restaurants, making it a popular destination for student parties. Nottingham's nightlife also includes iconic venues like Rock City, which has hosted many famous music artists over the decades.
MARKET
COMMENTARY
Nottingham is a dual-university city and has a total supply of c.27,500 PBSA beds.
Demand
With 74,780 full-time students in Nottingham as of 2021, 63% of students are unable to access PBSA. A multiple of 2.72x. The University of Nottingham is engaged with private developers to ensure plans to deliver much-needed PBSA continue, in order to facilitate demand for new university places.
Pipeline
If all PBSA beds in the planning pipeline are delivered, this will still leave a supply-demand imbalance of c.50%. This does not account for strong current and forecast student growth.
THE KEY STUDENT DEMOGRAPHICS
78,725
63,845
14,880
THE KEY STUDENT DEMOGRAPHICS