150 new private rental homes to be delivered through partnership

More than 150 homes for private rental are to be delivered across the Midlands through a partnership between Countryside and Start Living.

Start Living, a single-family build-to-rent joint venture between Gatehouse Bank and TPG Real Estate Partners, has forward purchased homes at its Millfields development on Hall Green Road in West Bromwich, as well as its Woodsett Meadow development on Bourne Street in Coseley.

Millfields will consist of 220 two, three and four-bedroom homes with 81 to be owned and managed by Start Living and available for private rent.

The Woodsett Meadow development however is purely a private rental scheme with all 72 properties being built for Start Living to own and manage.

Countryside has already started work at Millfields, with work beginning on site at Woodsett Meadow this month.

Adam Daniels the managing director for the West Midlands at Countryside said: “Strong partnerships such as this enable us to deliver a mixed-tenure offer that matches the needs of the local community, both regenerating areas and creating communities that people can be proud of.

“We are delighted to be working with Start Living on our Millfields and Woodsett Meadow developments, unlocking these brownfield sites and delivering the houses that people need, in the places that need them most.”

Paul Stockwell the Chief Commercial Officer at Gatehouse Bank, added: “Countryside has a well-deserved reputation for delivering homes that truly reflect the needs of 21st century living. We are pleased to be able to work with Countryside in locations such as Millfields and Woodsett Meadow and look forward to collaborating with the team on many future developments.”

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