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

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


Todays other news
A consultation is being launched today....
The figures come as the Bank of England cuts base...
Dog numbers are rising and lettings sector suppliers are anticipating...
Demand picked up in January after the festive slowdown -...
In total the landlord's bill is some £14,000...


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.

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

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.”

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. 

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.

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
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The figures come as the Bank of England cuts base...
The claims come in a report from the Resolution Foundation...
Glasgow council is on the warpath over the city's empty...
The latest figures come from the Nationwide...
The tenant was in hospital when he was evicted illegally...
The controversial proposal is backed by the Welsh Government...
Growing arrears, falling yields and new laws make 2025 a...
Recommended for you
Latest Features
More 'hobby landlords' will drop out this year, leaving more...
The Bill enters the Lords with a debate on Tuesday...
Edinburgh has long been one of the UK's top property...
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.

No one likes pop-ups ...
But while you're here