Technically its quite an old institution... It only gained full university status about 2 maybe three years ago, before that it was a Universty College, whatever you want to make of that.
Anyways, the accomodation leaves alot to be desired - however, Church College Close i've been told is THE place to be.
City is beautiful (my hometown, I'm not biased honest)... The nightlife - I won't lie to you is ****e in terms of quantity of places to go, Although having said that its all about atmosphere and for that it is top. Student night are buzzing but don't just stick to the usual student places, there are so many other places to go. There is a fair bit of snobbery in the City too but don't let that put you off, most people are really friendly and will go out of their way to help.
Any other questions about the area, don't hesitate to ask.