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The private rented sector (PRS) is a classification of housing in the UK where property is owned by a private landlord and leased to a tenant. Any property that is privately owned and rented out is considered private rental housing and Build to Rent sits within this classification.
This can be a very lucrative option for any developer whereby Beresfords can offer the property for sale or for rent. The benefit of a new development is that they are finished to a very high standard, would normally meet all current regulations under government rental legislation which in turn attracts professional tenants and commands and achieves higher rental figures.
Beresfords Lettings has a proven track record of developments that were initially built to sell but the developers looked at another option whereby they kept a number of properties on the site for rental in the private rental sector.
Beresfords currently successfully sourced suitable individual tenants and now manages a number of very high specification properties for clients who have opted to go down that route, examples listed below. The rental sector has grown substantially in recent years as the demand far outweighs the supply of good quality rental property.
We have recently experienced a number of enquiries from potential clients who are looking for investment opportunities for their own retained overseas clients including new developments to purchase for the rental market.
Discuss your build to rent project with our team of experts...
Contact the team to find out how we have supported landlords with the below projects.
RECENT PROJECT
Central House, Warley
Central House, Warley
RECENT PROJECT
Town Hall
Brentwood
Town Hall
Brentwood
RECENT PROJECT
Woodlands Park, Great Dunmow
Woodlands Park, Great Dunmow
RECENT PROJECT
Ingrave House, Brentwood
Ingrave House, Brentwood
RECENT PROJECT
Park View, Billericay
Park View, Billericay