Build to rent – a rising trend in Bristol’s property market

In the UK, there’s a strong focus on ‘climbing the property ladder’, but rental is on the rise – particularly in Bristol. This comes as no surprise to Residential Property Group and Build to Rent operator A2Dominion, who are currently offering 118 new one, two and three-bedroom apartments for rent at Temple Place in Bristol’s new Redcliff Quarter. A2Dominion is already registering strong interest in the apartments which offer an outstanding city centre location, private and communal outside space – and a high quality specification.

“We are delighted with the early response to the new Temple Place at Redcliff Quarter, an award-winning scheme where 128 rental properties are already occupied,” comments Paul Thomas of A2Dominion. “Our residents love the outstanding city-centre location. So much is within walking distance, including the Harbourside area, Cabot Circus and Temple Meads station.”

The private rented sector has witnessed incredible growth recently – to the extent that young professionals are known as ‘Generation Rent.’ Nationally, 20% of all UK households are rented and, in Bristol, the figure stands at 24% with new research revealing that more over-40s are also choosing to rent. This may be attributed to soaring house prices, a desire to change the work/life balance and increased mobility within the employment market. Build to Rent schemes are also on the rise nationally – with the number of Build To Rent homes completed, under construction or in planning, increasing by 20% in just one year.*

“For anyone looking to rent a new-build apartment, the term ‘Build To Rent’ will become increasingly familiar,” continues Paul Thomas. “Unlike individual landlords with single properties or small portfolios, Build to Rent landlords own and maintain an entire building or development which – like Temple Place – is specifically designed and built for renters. The aim is to provide great service and an excellent experience which will help us to retain happy tenants. At A2Dominion, we are delighted to have been included in the list of the top 20 Build To Rent landlords this year.”

Temple Place, A2Dominion’s latest Build to Rent development, has much to offer. The location is undoubtedly outstanding – as the walkscore of 98/100 proves. Anyone renting here will save time and money on travel – whether they are working or studying in the city or heading out for the evening. The development has a cycle store/repair station so, with an abundance of local cycle routes, it will be easy to travel by bike. Small, well-behaved pets are welcome at Temple Place – and dog owners will appreciate the development’s proximity to parks and open spaces. The Temple Place apartments are built and finished to a high standard, with stylish interiors and a contemporary specification including superfast WiFi which makes it easy to work from home. Many apartments have private balconies and there’s a superb communal roof terrace and courtyard gardens. With furniture rental packages available, tenants won’t need to bring or buy their own furniture.

For information on the rental apartments at Temple Place, Redcliff Quarter, contact A2Dominion.
Call 020 8825 1069 or visit the website at temple-place.co.uk.