97 new build-to-rent homes coming to redefine Bristol’s private rental market in landmark deal
In a complete first, leading mixed-tenure developer Countryside and build-to-rent (BTR) specialist Wise Living have agreed a brand-new £30 million scheme to deliver 97 BTR homes in Bristol. This exciting scheme represents the inaugural partnership between the two property specialists.
In a record time of just under six weeks, Countryside and Wise Living completed the standout deal which includes plans for a mix of one, two, three and four-bedroom energy efficient and modern homes for private rental in the Cribbs Causeway area of the city. The majority of these homes will benefit from solar panels and once completed will be expertly managed and maintained by Wise Living for its tenants.
This forms part of a wider masterplan for up to 5,700 dwellings in the area, known as the Cribbs Patchway New Neighborhood. Countryside is set to start on site in Autumn 2022, with the first homes expected for completion by November 2024.
Darren Dancey, Managing Director, South West, Countryside, commented: “We are delighted to have partnered with Wise Living to deliver much-needed homes for private rental at our Cribbs Causeway site near Bristol.
“We are extremely proud of the collaborative relationship we have developed with Wise Living, working hard to complete this exciting deal in record time.
“Delivering sustainable homes is at the heart of what we do at Countryside, so we are pleased to be bringing a range of high-quality and energy efficient homes to benefit those in the local community.
“This is our first project with Wise Living and we look forward to building on this relationship going forward as we develop further plans in the region to bring to life best-in-class sustainable developments that result in thriving places people want to live and work.”
Katie Stamper, Partnerships Manager in the South West at Wise Living, said: “Working with Countryside on this has been a truly collaborative approach and we are delighted to have been able to swiftly combine our expertise to agree on and deliver what will be an exceptional development for private rental in the area - providing the community here with fantastic homes designed with families and professionals in mind.”