One of the leading providers in the build-to-rent market, Sigma Capital Group Limited is working with Countryside, the UK’s leading mixed-tenure developer, to build more than1,300 new homes over three sites in the North West. The sites consist of 402 homes for private rent, 649 for open market sale and 297 listed as affordable housing across Manchester, Blackburn and Warrington.
Sigma’s private rental brand, Simple Life, has over 4,500 properties across the UK and will extend its portfolio with the delivery of another 402 homes across three sites: Millbank Lock in Manchester, Brookfield Vale in Blackburn and Rivers Edge in Warrington.
The £15.8m development, Millbank Lock, in Manchester is situated directly next to the Manchester Ship Canal in the town of Partington, 10 miles south west of Manchester. The £20m development in Blackburn, Brookfield Vale, is ideally located at the top of one of the highest hills in the area, providing picturesque views of the Pennines and surrounding regions. The £23.7m scheme in Warrington, Rivers Edge, is based on a former industrial site, located near to scenic canal walking paths, within easy reach of Warrington Bank Quay, the town centre and Stockton Heath.
Commenting on the development opportunities in the North West, Jason Berry, Regional Managing Director at Sigma, said: “We’ve been working with Countryside for over 15 years delivering thousands of private rental homes across the UK and we’re delighted to see our partnership explore new areas for both parties.
“The three new schemes have been carefully selected in areas which we feel have an undersupply of high-quality, professionally managed, rental homes. We have experienced huge demand for our many hundreds of Simple Life homes within the North West region, and we are looking forward to serving more local families looking to rent across these three developments. Our homes are pet friendly and all come with plenty of space, gardens and fitted appliances.
“With a heritage in regeneration, we have an ongoing commitment to support the wider community and to create local connections in support our developments’ surroundings. We have already supported youth sports teams close to Millbank Lock including some of the local girl’s football teams and Sale FC Community Rugby Programme. We have also sponsored the Upton Panthers football team in Cheshire.
“All schemes are within easy reach of local amenities, including shopping centres, sport centres and supermarkets. All sites have access to highly rated schools and excellent transport links providing access to neighbouring towns and cities.”
Jo Jamieson, Chief Executive, Partnerships North, Countryside said: “These three mixed-tenure sites will offer individuals and families across the North West a range of routes to live in a new, high-quality home. The market for new homes in this region is strong, so we’re pleased to be continuing our longstanding partnership with Sigma to create a wide variety of affordable and private rental properties as well as homes for sale on the open market.”
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