High-price Build To Rent scheme sees “extraordinary” rapid letting

High-price Build To Rent scheme sees “extraordinary” rapid letting


Todays other news
He's criticising the unregulated segment of the private rental sector...
A council has set out how it will use strengthened...
Second phase of rental reform set to dominate landlord forum...
Aerial view of a green field with a house outline drawn on it, overlooking a suburban neighborhood.


A Build To Rent provider claims that its new scheme – where prices for the smallest units begin at £1,240 pcm – is being let at what it calls “record” and “extraordinary” speed.

Advertisement

Grainger plc says Millwrights Place, a brand new scheme in Bristol, has achieved 70% lettings within two months of launching. 

Advertisement

The scheme offers 231 studio, one, and two-bedroom rental homes. They are, in the words of Grainger, “complemented by an array of resident amenity spaces and three expansive roof terraces.”

Advertisement

Helen Gordon, chief executive at Grainger, says: “Following on from our successful launch event, Millwrights Place was 70% let in record time. This remarkable achievement demonstrates the strong demand for high-quality rental homes in Bristol, combined with the quality and appeal of our Build To Rent offering.”

The development includes 3,900 square feet of internal amenities including a resident’s lounge, gym, co-working spaces, meeting ‘pods’ and a bookable meeting room, plus a private dining room and kitchenette with cooking facilities. 

Advertisement

In addition, residents also have access to three open-air roof terraces totalling 8,766 square feet with outdoor seating and space for exercise and yoga classes.

Advertisement

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
22 Comments
Oldest
Newest Most Voted
Recommended for you
Related Articles
Colorful sticky notes with house icons and rental terms on a wooden surface.
Smiling tenants signing lease with landlord in modern property.
Group of diverse young adults discussing rental property in a meeting.
Tens of thousands of landlords are thought to be trying...
Miniature house with 'RENT' note on calculator for landlord tips.
Over 700 landlords and 850 tenants have been surveyed...
The figures come from lenders' trade body, UK Finance...
Tenants are increasingly discerning, claims the agent...
A prominent agent says he’s expecting a “significant shift” in...
Recommended for you
Latest Features
Louisa Sedgwick is Managing Director of Mortgages at Paragon Bank...
Rent challenges may encourage annual reviews and put pressure on...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.