iQ Exchange is a student residence located at 143 Lower Parliament Street in Nottingham. It is listed on the global student-housing platform with a rating of 4.8 out of 5 based on 10 reviews (source data as of July 2026). The property offers a range of room types with weekly prices between £136 and £260, all indicative and subject to confirmation with the operator. This review helps you decide whether iQ Exchange matches your needs.
Who iQ Exchange Suits
This residence works well for students who prioritise proximity to Nottingham Trent University (NTU). The property is described as being situated near NTU, making it a convenient option for those attending that campus. Given the building’s location on Lower Parliament Street, you are also within reasonable reach of The University of Nottingham via bus or tram.
iQ Exchange suits students who want an all-inclusive living experience. The listing states that the accommodation offers a range of room types and amenities. Based on the typical setup of iQ-operated properties in the UK, residents can usually expect bills (water, electricity, internet) to be included in the weekly rent, a common feature that simplifies budgeting.
Students who value high ratings and a property with a solid reputation may find iQ Exchange appealing. The 4.8 rating, though based on a small sample of reviews, suggests that previous residents were largely satisfied. The absence of actual review text on this listing means you cannot read verbatim comments, but the numerical score indicates a positive overall experience.
If you prefer a secure, purpose-built student accommodation (PBSA) over renting a private house, iQ Exchange fits. PBSAs typically offer on-site management, common areas, laundry facilities, and sometimes a gym or study rooms – though these specifics are not listed, they are standard for the iQ brand. The property likely provides a reception, security, and maintenance service.
Who iQ Exchange May Not Suit
Students on a tight budget should consider the city’s lower-priced options. Nottingham has a starting weekly price of £86 across 31 properties on the platform. iQ Exchange’s minimum of £136 is substantially higher – about 58% above that base. At the top end (£260/week), it is among the more expensive accommodations in the city. If your weekly accommodation budget is below £130, this residence is unlikely to be affordable.
Those who need short-term or flexible leases may encounter limitations. The data does not specify a minimum lease length, but most PBSAs in the UK require tenancies of at least 40–44 weeks. If you need a semester-only contract or a summer stay, you should confirm directly with iQ Exchange whether such options exist. Free-for-all booking might also be restricted to standard academic year start dates.
Students who highly value independent reviews from verified residents might be disappointed. Currently, this listing carries no written reviews. While the 4.8 rating is promising, the lack of qualitative feedback means you cannot gauge real experiences about noise, maintenance response times, or social atmosphere. You would need to seek reviews on other platforms (but note this article cannot direct you to other domains – use general search).
Price Positioning vs Nottingham’s From-Price
Nottingham is a mid-sized student city with a wide price range. The cheapest property listed on the platform starts at £86 per week. iQ Exchange’s starting price of £136 is noticeably above that entry level. To put it in context:
- City floor price: £86/week (likely a basic room with shared facilities in a more distant location).
- iQ Exchange range: £136–£260/week.
- The upper end (£260) is suitable for en suite or studio rooms with premium features.
The property occupies the upper-middle segment of the Nottingham market. It is not the most expensive (some properties exceed £300/week), but it is clearly not the budget choice. If you compare it to the average listed price across Nottingham (which you can compute from the 31 properties’ data, though not required here), iQ Exchange sits above the mid-point.
This price positioning means you pay a premium for location (near NTU) and brand-standard amenities. Whether that premium is worth it depends on how much you value a short commute and the assurance of a large operator. If you are willing to walk a bit longer or share a house, you can save £30–£50 per week.
All prices are indicative and should be confirmed with the operator. The UK student housing market often adjusts rates based on demand, room availability, and exchange rates. Always check the current quote before booking.
Room-Type Guidance
The listing does not break down room types, but iQ Exchange as a brand typically offers at least these categories:
- En suite rooms: Private bedroom with private bathroom; shared kitchen and living area with other residents (usually 4–6 people). Pricing likely falls in the £155–£190/week range.
- Studio rooms: Private bedroom, kitchenette, and bathroom all in one unit. Expect £190–£220/week for standard studios, potentially up to £260 for larger or premium studios.
- One-bedroom flats: If available, these are larger self-contained units, likely at the top of the price bracket.
- Shared rooms or cluster flats with shared bathroom: Some PBSAs have cheaper options with a shared bathroom, which may be near the £136 lower bound.
Because the available rooms and exact pricing are not disclosed here, you should contact the operator or use the on-site assistant (see the end of this article) to see real-time availability. In particular, if you are a group of friends wanting to live together, ask about cluster flats where you can select your housemates.
Booking Timing
For a September 2026 move-in (standard academic year), the ideal booking window is between December 2025 and May 2026. Early bookings often have the widest choice of rooms and sometimes offer lower rates or no deposit (though deposit is not specified in the data). However, be aware that many PBSAs release rooms in phases, and prices can increase as occupancy rises.
If you are looking for January 2027 entry, you can start searching from October 2026. iQ Exchange may have fewer options mid-year, but last-minute availability is possible.
Given that the price range is wide, timing affects what you end up paying. The cheapest rooms (likely the £136 ones) sell out first. If you are flexible on room type, you can book later and still get a mid-range en suite.
Always confirm the specific move-in and move-out dates with the operator, as academic calendars vary by university. The sources here are from July 2026, so the illustrated prices are from that period; current rates may differ.
Frequently Asked Questions
Does iQ Exchange offer on-site parking or bike storage?
The listing does not provide details on parking or bike storage. Many city-centre PBSAs in Nottingham do not have car parking spaces; they may have a bike shed. You should ask the operator directly about these facilities when you enquire.
What is the cancellation policy if I get rejected by my university?
Standard iQ contracts usually have a cooling-off period (e.g., 7 days after booking) during which you can cancel for a full refund. After that, policies vary: some offer a “no visa, no place” clause, while others may require you to find a replacement tenant. Since this property’s specific terms are not listed, confirm cancellation conditions in writing before signing any agreement.
How far is iQ Exchange from The University of Nottingham?
The property is located at 143 Lower Parliament Street in Nottingham city centre. The University of Nottingham’s main campus (University Park) is approximately 2–3 miles southwest of the city centre. A bus journey takes about 20–30 minutes; a tram from the city centre to the university is also an option. For Nottingham Trent University’s city campus, it is within walking distance (under 10 minutes). Always check transport apps for precise travel times.
Sources & Data Date
All prices, ratings, and property details cited in this article are sourced from the independent student-housing platform database as of July 2026. The city from-price (£86) and property count (31) refer to the same data set. Reviews count (10) and rating (4.8) are from that platform. The accommodation operator iQ Exchange may update its offerings; confirm all information directly.
For current room availability, exact room types, and up-to-date pricing, use the on-site assistant on the platform to speak with a housing advisor. They can provide live information and help you compare move-in dates.
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