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New scheme aims to be the Rolls Royce of Build To Rent

Grainger, the UK’s largest listed provider of private rental homes, is launching its first Build To Rent development in Derby. 

It is to be located on the former Debenhams site in the town and will be named The Condor in recognition of the city’s engineering excellence, celebrating the aircraft engine built by Rolls-Royce in Derby in 1918.

The scheme is due for completion in spring 2023 and offers 259 one and two-bedroom apartments.

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The development will feature 2,962 square feet of internal ground floor amenity space for residents, including a shared resident’s lounge and co-working space. In addition there will be 2,185 square feet of external rooftop space with a terrace overlooking a new public square. 

 

 

There will be a gym, secure car parking, bike store, and electric car charging points, residents will also benefit from complimentary superfast WiFi and the services of a dedicated onsite Resident Services Team.

A spokesperson for the builder says: “We have always been committed to maintaining the heritage of the Becketwell area of Derby and are delighted that Grainger are recognising the city’s engineering excellence, by naming the BTR development after the iconic aero engine, which was built in Derby.”

 

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    If only I had a Doc Brown Delorean time machine, I would love to see the service charges on these “ executive “ homes in the future! These are not the answer for the majority of renters and I think time will show that.

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    I thought the UK was supposed to be a metric country, why are the figures quoted in Square feet other than to give a false impression of communal space.

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    These boxes in the sky with their gyms are not aimed at our kind of tenants or families, as said above service charges ??

  • girish mehta

    Match box flats with expensive added on service which most never use . Paying higher rent and charges to line their profits.
    For young single people nice to have and for showing off to their friends and on social media for successful they are. No real value to famalies

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    What about facilities for children? Communal play areas? Seems like they only what young single or couples on high income.

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    I guess theirs not much profit with low income families.

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    Well not enough for BTR, which is why they are no competition to us.

     
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    We have the heart tore out out the letting business, some properties are under occupied because of anti-LL regulation’s I could house another 20 in existing properties. I don’t know what they are making rules go.

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