Oxford’s first Build To Rent block has been launched – and the smallest one bed units start in excess of £1,700 pcm.
The Kimmeridge is by Grainger and is Oxford’s first-ever BTR scheme located in what the developer calls “the vibrant neighbourhood of Botley.”
A statement launching the eight storey block – which “seamlessly blends thoughtful, innovative design with comfort and modern amenities” – makes no reference to prices but the website reveals that the lowest rent is £1,715 pcm for a 558 square foot one bedroom unit on the fourth floor.
The cheapest two-bedder is £2,245 pcm for a second floor unit with 761 square feet.
Helen Gordon, chief executive of Grainger, comments: “As one of our key target cities for investment, we’re excited to introduce high-quality homes in such a well-connected and vibrant area of the city, as this
pioneering development marks a milestone moment in the city’s rental market and offers exceptional living experiences for renters.
“As part of our commitment to enrich local communities, the development aims to contribute to Oxford’s economic growth by supporting local businesses and enhancing the area’s overall infrastructure. We are looking forward to welcoming our first residents to start building a new community within this exciting new development.”
Residents have free super-fast broadband, free 24/7 gym access and co-working spaces, adedicated on-site Resident Services team “and much more.”
The scheme also has 10,100 square feet of commercial space located on the ground floor available for business rentals.
This article is taken from Landlord Today