An apartment complex in Castle Park requires tenants to be earning 30 times the monthly rent cost in order to qualify to live there. Castle Park View is charging £1310pcm for a one-bed apartment, which means renters will have to be earning £39,300 per year, and £1650pcm for a two-bed, requiring a yearly salary of £49,500 in order to be allowed to take up a tenancy.
The complex, which includes 375 new flats and 75 of them 'affordable,' had set an opening date of March 7 of this year, but its Instagram and pictures taken at the site show it is still under construction. Castle Park View has since confirmed it is welcoming its first residents on April 9 after some "slight delays."
It is currently still renting out flats on its website and has specified that, in order to qualify to rent one of the apartments, renter(s) will need to earn altogether, before tax, 30 times the monthly rent. It says: "If you are a student you will need to pay your rent upfront for the full term of your tenancy, or you will need to provide a UK based guarantor." It also charges more for furnishings and utility bills.
