In a bold move that aims to address the shortage of good quality accommodation for the Private Rental Sector (PRS) in the Midlands, Belvoir Telford has joined forces with two major house builders, offering resourceful landlord investors with the opportunity to enjoy healthy returns on a new build scheme of tailored properties suitable for the rental market.

Simon Bell, MD of Belvoir Telford, says: “This is a very exciting PRS initiative, which is the result of some key research of rental income and appropriate housing mix that Belvoir has conducted over the seven years that we have operated in the Telford area. As a result of this research we have identified several Build to Rent opportunities within key growth towns and cities in the Midlands.

“Our sales team, managed by Nick Evans, is now working with two major house builders, who are looking to develop a selection of new build schemes, ranging in size from 500 to 1500 housing units across key towns in the Midlands, with significant opportunities for PRS investment.

“We are delighted to announce that one such site has been highlighted in Telford as extremely suitable for this PRS scheme, with the potential to deliver a phased development of 170 units. Belvoir Telford is now actively seeking entrepreneurial investors who are interested in purchasing the first tranche of 50 homes. This development will help to satisfy the unprecedented tenant demand that has built up due to the failure of successive governments to build new homes.

“I would encourage any investor, whether they have previously considered investing in the property market or not, to contact us for further information on this opportunity to purchase new build homes with low asset management costs, specifically built for the PRS, which would be fully managed by awarding winning Belvoir Telford.”

“For further information, and to request a copy of the investment prospectus please contact Simon Bell, email: simon.bell@belvoir.co.uk, telephone: 01952 258562 or 07837 561774.”

For more information on Belvoir visit: https://www.belvoir.co.uk/

NOTES TO EDITORS

• Belvoir was founded in February 1995 by Mike and Stephanie Goddard. Its Central Office is in Grantham, Lincolnshire. Mike is currently Belvoir's Non-Executive Chairman.
• Belvoir is recognised as the largest property franchise network on the High Street, with over 300 offices nationwide.
• Belvoir was officially awarded the Best Lettings Agency Franchise – Gold Award at the 2016, 2015, 2014, 2013, 2012 and 2010 Lettings Agency of the Year Awards in association with The Sunday Times & The Times.
• Belvoir won the Franchise/Network of the Year at the Negotiator Awards 2017.
• Belvoir was voted Best Large Lettings Chain at the Estate & Letting Agent Awards (ESTAs) 2013, and won Silver in 2014, 2015, 2016, and 2017 with Bronze in 2018.
• Belvoir is a founder member of the SAFEagent Kitemark scheme, which is fully supported by NALS. SAFEagent promotes client money protection (CMP) and provides consumers with a clear message on those agents they should do business with.
• Belvoir successfully listed on the AIM market of the London Stock Exchange on 21st February 2012.

For further information or to arrange an interview with Simon Bell please contact Andrea McHugh, Headlines Journalism, tel: 01476 567438/07940 930 331, email: andrea@headlinesjournalism.co.uk