Key workers could move into student accommodation as demand shifts

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The operator of a Lancashire student accommodation site is seeking to allow its tenants to remain post-graduation and is also looking to open its doors to key workers such as nurses, teachers, and council staff. The company behind the Jubilee Court student accommodation in Preston says it has observed a saturated market for student flats in the city, leading to a decline in occupancy rates over the past five years.

Fylde Road Management Company Limited (FRMC) has told Preston City Council that amendments to the usage of its 246-capacity Fylde Road development, which was established in 2016, are crucial for its sustainability. In a planning application submitted to the council, FRMC highlighted a decrease in student demand but noted an inability to accommodate interest from non-students who wish to

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