The Realistic Costs of Private Halls of Residence

Private halls of residence offer purpose-built student accommodation in partnership with universities, often providing higher quality amenities and a greater choice of rooms. But, when it comes to the nitty gritty, how much should you expect to pay? In this blog we will explore the pricing landscape and take a closer look at budgeting tips and tricks for students.

Factors Affecting Your Rental Costs

University accommodation fees are by no means one-size-fits-all. Whether you opt for university-owned halls or private halls of residence, the cost will vary according to various factors including location, amenities and room type.

Private accommodation costs are typically publicised and can be found on the companies retrospective pricing page. However, you should read the booking & cancellation policy carefully as to ascertain whether bills including broadband, utilities and property taxes are included.

Let’s dive into the different factors that can affect the costs of your accommodation.

Location

Location significantly affects the cost of student accommodation, just as it does the property market in any city around the world. One report that looked at student accommodation costs across 10 cities in the UK found that the annual average rent in 2023/2024 was as low as £6,451 in Sheffield, increasing to a significantly higher £9200 in Bristol – showing just how much undergraduate accommodation costs can differ by location.

Space is at a premium in major cities such as London, and this scarcity of land can drive up property prices. However, many students choose to pay this premium for proximity to cultural attractions and opportunity for work and study.

Fortunately, purpose-built student accommodation providers typically offer a large array of room options and amenities, meaning you can opt for a solution that fits your individual needs and budget.

Room Type

As mentioned, one of the perks of private university accommodation is that there is often a greater choice of rooms. From standard en suite rooms to luxury studio apartments, the choice is yours.

A standard student flat will typically come equipped with a bed, desk, wardrobe and communal kitchen. Rooms within private halls of residence usually also come with en suites. Alternatively, students can opt for a studio apartment. Self-catered studios come complete with all the facilities within an ensuite room, plus a fully equipped kitchen – ideal for students who want to maximise privacy and study space. As such, you can expect to pay more for a studio due to the additional facilities.

Contract Length

Did you know, not all halls of residence have the same contract length? This means, the overall price of your accommodation will vary according to the number of weeks in the year that your rent is charged. Similar to university halls, some private student accommodations will also give you the option to extend your stay through the summer months.

The average contract length is approximately 42 weeks but can range anywhere from 38 to 52 weeks. Make sure you read the small print before you sign so you know the precise start and end dates of your tenancy.

Amenities

Luxuries such as gyms and coffee shops are more common in private halls than university owned accommodation. Whilst some accommodation providers may change additional fees for the use of these, many private halls of residence will include them within your rent – giving you more for your money. For example, at Lulworth Student Company, residents can take advantage of a gym, as well as TV room and outdoor green chillout area – all at no extra cost.

Additional Costs and Accommodation Fees

Before booking your room, it’s important that you consider other costs, in addition to your monthly rent. Here are some key considerations:

Booking Fees & Deposits

To secure an accommodation place, you may have to pay extras in the form of booking fees and deposits. This is often taken to secure your room when you first book, and it is then often converted into a damage deposit once you move in. Your deposit will be return, minus any deductions, at the end of the contract.

What Happens If You Change Your Mind?

So, you book a room but don’t get a place at the university of your choice, or don’t manage to obtain a student visa – what happens next? Fear not, although it can vary between private halls of residence, many will refund your deposit in full as long as you let the provider know in time.

Transportation

Private halls of residence will typically be located a short distance from local universities. Therefore, it’s essential that you review the range of transportation options available to you. Factor in the cost of train fares, petrol and bus passes to your chosen university, as well as proximity to shops, nightlife and other facilities and attractions. Private halls are often in a more central location than university-owned accommodation, which may in fact save you money in the long run.

Laundry

You will need to do some laundry while staying away from home. Fortunately, most accommodations will have an on-site laundrette, with facilities available at a small cost. Laundry costs could include washing powder, a standard wash and a tumble dry.

Budgeting Tips

As a student, things can seem expensive, but with the right mindset and a few budgeting tips and tricks up your sleeve, student life can be hugely enjoyable – at very little extra cost!

Cheap & Easy Student Meals

We have tried and tested 12 super simple student recipes that won’t break the bank. Don’t rely on Deliveroo or cheap pizzas, you can enjoy good fun on a budget with our list of cheap and easy student meals.

Free & Cheap Activities in the Local Area

Scan the local area for free and cheap activities you can utilise during your time at university. From beautiful gardens to the local beach, there are so many ways to have fun on a student budget. Staying in Bournemouth or the surrounding area? Here are a selection of free or cheap things to do in Bournemouth.

Discover High-Quality, Value for Money Accommodation in Bournemouth

At the Lulworth Student Company, we provide luxury, private student accommodation for students from Bournemouth University, AUB and HSU. When you stay with us, high-speed broadband, utilities, property taxes and access to all common areas are included in your rental costs, so you can rest assured that you’re getting the very best, at no extra cost.

First year students, new undergraduates or returning students - start your journey today and reserve student accommodation in Bournemouth. Alternatively, get in touch to find out more.