With more than £1.4 billion worth of Build-to-Rent communities in the pipeline, it shouldn't come as a surprise to learn that the sector will likely become the market leader in the rental market. Even amid the Covid pandemic, Build-to-Rent has gone from strength to strength.
It's especially popular in large cities like London and Manchester, adding a sense of community to places that can be lonely and isolating at times. London, in particular, is a spiritual home for Build-to-Rent, which is why we've compiled this list of the best neighbourhoods for Build-to-Rent communities in the capital.
Read on and find out which postcodes made our list.
Wembley, North London
Wembley is famous for its 90,000-seater stadium and iconic arch, but it's also a Build-to-Rent hotspot. Regeneration in the neighbourhood has increased its popularity, with Build-to-Rent operators like Quintain Living offering some of the best homes around.
Excellent travel links mean there are three tube stations, Wembley Park, Wembley North and Wembley Central. While local open spaces and an increasing number of new eateries offer a variety of things to do and see. Wembley Arena is also located in the area and is one of London's most famous venues.
Canary Wharf, East London
Now a prime area in London, Canary Wharf has successfully transitioned from a place of business to residential hotspot. It's still one of the UK's primary financial hubs, but there are a plethora of stylish skyscraper homes with panoramic views of the city.
Build-to-Rent is on the rise in and around Canary Wharf too, with Fizzy Living, Vertus, Greystar and Grainger all with communities in the E14 postcode. Perfectly blending big-city buzz with tranquil vibes, Canary Wharf is likely to grow with more Build-to-Rent offerings springing up in the near future.
Greenwich, South London
While Canary Wharf has the bright lights of the city, Greenwich is all about the open spaces and is home to Greenwich Park, one of London's eight royal parks. Over the years, the regeneration of North Greenwich has led to an increase in homes, including many in the Build-to-Rent sector.
Essential Living and Grainger have both tapped into the market in the SE10 postcode, offering sleek and stylish homes in communities that combine well with Greenwich's maritime look and feel. Along with a huge park, Greenwich has markets and cultural attractions like the Cutty Sark, while over in North Greenwich, the O2 Arena is a big hit with its music and sporting venues, activities and restaurants.
Nine Elms, South London
One of London's it neighbourhoods, Nine Elms has undergone a drastic change over the past 10 years. Once a sleepy enclave of Battersea, today the SW8 postcode features an array of plush homes in high rises that overlook the capital.
MyLo is a Build-to-Rent operator that has found success in Nine Elms with its community of snazzy one, two and three-bedroom homes; Greystar also has a presence in the area. With the open spaces of Battersea and central London a short journey away, Nine Elms is proving to be a sought-after central neighbourhood.
Hayes, West London
Sleepy Hayes in West London has awoken, thanks to Build-to-Rent operators like Fizzy Living and be:Here. With close connections to Heathrow, as well as convenient links into the capital, Hayes is the perfect launching pad for a last-minute trip or easy commutes into the centre of London.
The area itself is full of open spaces and is steeped in musical history, something that's reflected in both the Fizzy and be:Here communities. While most Build-to-Rent communities focus on inner-city living in London, the homes at Hayes tap into the outer London energy to offer something a little different.
The Build-to-Rent boom
As Build-to-Rent continues to rise, renters will have even more living options in the UK's most important cities. Operators find themselves in a great position where you can build unique homes that meet the growing demand while offering a genuine sense of belonging and community.
If you're digging our Build-to-Rent articles, why not check out the Hub, where you can read insights on all things Build-to-Rent. Then get in touch and see how Movebubble can get your Build-to-Rent communities in front of 750,000-plus renters.