BTR News Build to Rent (BTR)

40% of apartments at Clayworks BTR scheme snapped up

The Clayworks Build to Rent scheme in Stoke-on-Trent has seen 40% of its apartments let - prior to completion later this year.

The team behind Smithfield’s Clayworks Build to Rent scheme has announced that 40% of the apartments have been leased. The number of apartments let shows signs that the development in a strong position ahead of its official handover – which is scheduled for Q4 2020.

“This is a very exciting announcement, and the fact that Clayworks has continued with such strong lettings during the lockdown period is testament to the quality of the scheme.

“Bringing people into the city centre is now more important than ever and Clayworks and the wider Smithfield scheme will play a key role in helping to power the city back up after what has been a very tough time.

“Works continue on site, and we’re very much looking forward to welcoming the first residents into their new homes.”

Richard Ingham, Partner, Genr8

The Build to Rent concept is new for Stoke-on-Trent, with the team behind the development designing the apartments to cater for demand from professionals. Clayworks will include 43 studio apartments, 44 one-bedroom apartments and 64 two-bedroom apartments. In June, the team also announced that the scheme and Hilton hotel is due to completed by autumn, despite lockdown delays.

Clayworks is being developed by Genr8 Developments – the company behind Smithfield – and is delivered in partnership with Fortior Homes, the city council’s wholly owned private housing firm. Genr8 and Fortior appointed LIV Group to operate and oversee the lettings of the apartments.

“Clayworks is a real sign of investment and confidence in the city centre that will help kick-start further regeneration projects.”

Cllr Abi Brown, Leader of Stoke-on-Trent City Council and Fortior Board Chair

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