Build-to-rent specialist Wise Living, in partnership with developer Strata Homes, has recently launched its first development in East Yorkshire. This adds to their 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 development of 50 BTR homes provides much-needed private rental accommodation in an area where many struggle to buy or choose not to. With modern two, three and four-bed options, all located within proximity to Hull city centre, good schools, and Leeds Bradford Airport, Wise Living and Strata Homes have catered for young professionals and families alike.
Mark Gratton, land and partnerships director at Wise Living, said: “This continued expansion in Northern England demonstrates our success in finding the best locations for high-quality BTR 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 BTR market from investors, developers and tenants, which demonstrates how buoyant the BTR market is and its projected growth. Our tenants also value our proposition for the quality of the homes and 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.”
Gemma Smith, managing director at Strata adds: “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 seeing this multi-tenure development flourish over the coming years.”
Source: Show House News