Sigma Capital Group plc had another brilliant outcome at the Insider North West Property Awards 2019, scooping up another award, this time for their Simple Life Baytree Lane development (built for The PRS REIT plc). The development won the award for the Large Housing Development of the Year.
Baytree Lane, a site of 110 homes, was the first development built within The PRS REIT plc. This site is an example of the good quality homes that The PRS REIT pipeline has in store. The site demonstrates the huge demand for private rental houses in key locations, with 99% of homes being let off-plan in September 2018.
The site has also been subject to excellent feedback from tenants. Jeannie Logan, Simple Life tenant at Baytree Lane states:
‘I’m used to rental homes being low-quality, but everything here is high-spec and brand new. We’ve got high-quality integrated appliances and soft grey carpets. We all love it. We no longer have the worry of something costly happening and this has changed our lives. We initially planned to rent for 12 months but we’ve already extended this to three years.’
As a landlord, Simple Life is looking to provide an experience which far outstrips the standard expectations in the rental housing sector, and Baytree Lane has been no exception. Customers at Baytree Lane have already taken part in Simple Life’s on-site community events including a Summer Ice Cream Dash and a visit from Santa, his elves and real life reindeers at Christmas. Additionally, Sigma have also been supporting the wider local community close to Baytree Lane, by donating £8k to the local Mills Hill Primary School. The school has used this money on a new ‘scrap yard shed’ and other playground equipment.