Bricklane pushes growth of SFH BTR portfolio with UK expansion

Bricklane accelerates growth of its single-family housing Build to Rent portfolio, expanding into the North West. 

Simon Heawood, CEO and Co-founder at Bricklane. The company is accelerating the growth of its SFH BTR portfolio by entering new markets | BTR News
Simon Heawood, CEO and Co-founder at Bricklane. The company is accelerating the growth of its SFH BTR portfolio by entering new markets.

Residential property investment platform – Bricklane – accelerates the growth of its single-family housing Build to Rent portfolio, doubling its geographic footprint by expanding into select markets in the North West. 

Supported by institutional capital, Bricklane is active in six major markets – including London, Bristol and South East – where the company’s proprietary technology platform has identified an acute unmet need for quality rental housing.

Over the past two years, Bricklane has acquired properties and modernised them through a sustainability-focused retrofit and aesthetic upgrades. Retrofitting existing stock enables Bricklane to avoid the carbon-cost of demolition and construction.

Bricklane has completed a financing package with a leading UK lender, enabling the company to continue to grow its presence. Building on the success of its existing portfolio, Bricklane has expanded into buying new build properties across the UK.

The finance package and expansion into new areas including Manchester, Liverpool, Leeds and the surrounding area – with new markets also planned in the coming months – will accelerate Bricklane’s aim to revolutionise the UK rental market through responsible, active investment.

With challenges of upgrading the environmental performance of existing UK rental stock, Bricklane is well-positioned to drive this change at scale. The company takes environmentally inefficient homes and upgrades them to perform significantly better than required by upcoming legislation. The improves the ESG attributes of its portfolio, as well as reducing residents’ energy bills.

Bricklane offers residents three-year tenancies as standard, fast response times on maintenance requests, and 24-hour support available through a dedicated tenant app. 75% of Bricklane residents say that it is best rental experience they have ever had.

“There has never been a more urgent need to upgrade the quality of the UK’s rental housing and provide residents with high quality properties in which they can feel at home. With the support of our institutional partners, we have the necessary firepower in place to accelerate the market-wide change that we’ve long advocated for and benefit more households across the UK. 

“We have spent years building the technology, data science expertise and operational teams to enable us to affect this change at scale, and our growing reach takes us further on our mission to revolutionise the rental landscape. Despite skyrocketing demand, standards in the private rented sector remain poor, and highly variable – we believe we can make a significant difference in setting a new standard, and giving residents the better properties, and the better service, that they deserve.”

Simon Heawood, CEO and Co-founder, Bricklane