The first homes on Simple Life's first north east development are nearing completion. Vistry Partnerships North East’s £55 million Kirkleatham scheme, on the edge of Redcar will eventually provide 375 properties - 187 for private sale, 80 for private rent and 108 for shared ownership and affordable rent.
Having signed a deal with the government’s housing accelerator Homes England, to purchase the land, the housing and regeneration specialist brought in partners Simple Life and Beyond Housing to offer a diverse range of homes in Kirkleatham.
Simple Life, one of the leading providers of build to rent homes across the UK, will be offering properties for private rent as part of its first venture in the North East, whilst Beyond Housing which operates in Cleveland and North Yorkshire, providing homes for more than 30,000 customers, will provide the homes for shared ownership and affordable rent.
Sean Egan, Managing Director for Vistry Partnerships North East, said: “This is an exciting project, which is bringing a range of housing choices to the region to help address the growing need within the locality through the provision of new, high quality, well designed homes of all tenures. We have had huge interest in the development ahead of the official sales launch and show home opening, demonstrating the strong demand that exists in Redcar.”
Jason Berry, Regional MD with Simple Life, added: “We are really excited to be working with Vistry to deliver new homes in a new region for us. We are passionate about delivering high quality family houses for rent. As a build to rent landlord, we offer people a long term, ‘forever-home’ solution, with peace of mind that they are renting from a professional landlord that they can trust. With over 2,200 properties across the UK, we have experienced a huge demand for high quality rental family homes, so we are very much looking forward to bringing Simple Life to the North East this year.”
In addition to the Redcar scheme, Vistry is working on another 350 mixed tenure development in Middlesbrough at Brackenhoe. Having purchased the 29 acre site – adjacent to the James Cook University Hospital from Middlesbrough Council and Sports Academy – Vistry Partnerships North East again brought Simple Life on board to provide 80 homes for rent, the first properties at Bracken Grange are on course for handover in 2021.