A prominent provider in the Build To Rent sector is to offer over 1,300 new rental homes over three sites in north west England.
Sigma Capital Group Limited is working with Countryside to provide 402 homes for private rent, 649 for open market sale and 297 listed as affordable housing across Manchester, Blackburn and Warrington.
Sigma’s private rental brand, Simple Life, has over 4,500 properties across the UK and will extend its portfolio with the delivery of another 402 homes across three sites: Millbank Lock in Manchester, Brookfield Vale in Blackburn and Rivers Edge in Warrington.
In total the schemes cost some £60m.
Jason Berry, regional managing director at Sigma, says: “We’ve been working with Countryside for over 15 years delivering thousands of private rental homes across the UK and we’re delighted to see our partnership explore new areas for both parties.
“The three new schemes have been carefully selected in areas which we feel have an undersupply of high-quality, professionally managed, rental homes. We have experienced huge demand for our many hundreds of Simple Life homes within the North West region, and we are looking forward to serving more local families looking to rent across these three developments. Our homes are pet friendly and all come with plenty of space, gardens and fitted appliances.
“With a heritage in regeneration, we have an ongoing commitment to support the wider community and to create local connections in support our developments’ surroundings.”
Jo Jamieson, a chief executive at Countryside, adds: “These three mixed-tenure sites will offer individuals and families across the North West a range of routes to live in a new, high-quality home. The market for new homes in this region is strong, so we’re pleased to be continuing our longstanding partnership with Sigma to create a wide variety of affordable and private rental properties as well as homes for sale on the open market.”
