Southampton gets first Build to Rent development

April 27, 2017 / Isla MacFarlane
Southampton gets first Build to Rent development

Southampton’s first purpose-built rental apartments are launching soon offering long-term tenancy agreements and a host of amenities.

The Bow Square development, where Bernard Street meets Queensway, is a collaboration between Rockspring Property Investment Managers LLP and Atlas Residential. The collection of 279 brand new one and two bedroom flats will be available for rent, with 109 homes available from September 2017.

Bow Square will offer hotel-style services, including a fully equipped residents lounge offering a stylish and comfortable space to meet and socialise with friends and other residents, free communal wifi, use of a business centre for printing and computer access, a games & TV room and a fitness room. There will also be a team of on-site property managers and resident service associates.

Jonathon Ivory, Atlas Residential Managing Director said, “This type of rental model, known in North America as multi-family, is well established in the US and is a popular option for those wanting a home without being tied into a mortgage, or sacrificing quality and a high standard of on-site management.

“Southampton is a property hotspot and a regional market that has yet to tap into the private rental sector in this way. Bow Square is a perfect opportunity to show how the rental market is changing for the better, and how institutional landlords can deliver a quality development, with excellent customer service, and a host of amenities for residents.

Eric Linden, European Director at Rockspring added, “At Bow Square, we are offering tenancies of up to three years in a scheme that has the feel of a serviced hotel suite, in a great location and with superb facilities on-site. We recommend anyone interested in looking at a new way to rent to come and visit our show apartments to see for themselves what is on offer.”

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