The first suburban Build-to-Rent (BtR) scheme of 60 houses in Doncaster has been given the green light by Doncaster Council
Property developer, Godwin Developments and Teakwood Partners Ltd, put forward proposals to transform the 3.5-acre site on Watch House Lane in Bentley into a mix of two and three-bedroom Build-to-Rent homes to match growing demand from both investors and local residents.
The scheme, named Woodland Rise, is designed specifically to cater to the needs of families looking to rent high-quality professionally managed homes in the local area.
The brownfield site, which has been vacant for ten years, is positioned along Watch House Lane and Fairfield Road.
It benefits from open play space within the design as well as access via the Trans Pennine Trail.
‘Attractive opportunities for investors’
Richard Cornes, managing director at Godwin Developments, said: “We are delighted to have been able to secure planning permission for this site, which has a great potential for redevelopment.
“We have designed a scheme that has been well received and supported by councillors as well as by local residents who recognise the need to regenerate it with a high quality residential scheme.
“We would like to thank them and members of the planning committee in Doncaster Council for assisting us in bringing forward this regeneration development.
“Suburban Build-To-Rent (BtR) housing is growing in popularity among investors who see a great potential in this asset class.
“Institutional investors are long-term owners committed to a quality living and customer support, providing tenant services such as security, repair and maintenance at a high standard.
“We are therefore confident that Woodland Rise will not only deliver much needed accessible housing for local families, but also attractive opportunities for investors that seek to capitalise on the trend for growing suburban living.”