Build to Rent specialist Wise Living, in partnership with developer Strata Homes, launches Dream – its first single-family Build to Rent development in Hull, East Yorkshire. The scheme adds to Wise Living’s expanding portfolio in Northern England – with homes already in Birkenhead and coming soon to Rotherham.
As UK house prices hit a record high for a fifth consecutive month, the new Dream Build to Rent scheme includes 50 units – a mix of modern two, three and four bedroom homes. Dream provides much needed private rental accommodation in an area where many struggle to buy or choose not to.
“Dream is the first phase of a large regeneration development in Hull and brings together homes for sale, properties to rent and new council housing.
“Our aim was to design a new community that would offer something for everyone and improve the lives of generations to come. The demand for the homes has been really strong, we are looking forward to see this multi tenure development flourish over the coming years.”Gemma Smith, Managing Director, Strata
Located within proximity to Hull city centre, good schools and Leeds Bradford Airport, Dream will be catered for young professionals and families alike.
“This continued expansion in Northern England demonstrates our success in finding the best locations for our high quality Build to Rent homes. We have carefully matched the Dream Hull development to the needs of the local area and now we are pleased to have reservations open for the community in Hull to secure their new home.
“We continue to see increasing interest in the Build to Rent market, from investors, developers and tenants. This interest stems from how buoyant the Build to Rent market is and its projected growth. Our tenants also value our proposition for various reasons, from the quality of the homes through to the community events we facilitate, alongside the assurance of having a professional landlord so that they can enjoy their home without the worry of it being sold or not having issues resolved quickly.”Mark Gratton, Land & Partnerships Director, Wise Living