Countryside and Start Living Residential join forces for Midlands BTR venture

A new partnership between Countryside, a U.K. mixed-tenure developer, and Start Living Residential, a new single-family build-to-rent joint venture between Gatehouse Bank and TPG Real Estate Partners (TPGREP), has plans to build 150 new high-quality rental homes across the Midlands.

The venture has forward purchased the private rented sector homes at its Millfields development on Hall Green Road in West Bromwich, as well as its Woodsett Meadow development on Bourne Street in Coseley. The deal will mean much-needed high-quality, thoughtfully designed properties will be available to rent in both locations.

Millfields will consist of 220 two-, three- and four-bedroom homes, 81 of which will be owned and managed by Start Living and available for private rent, while Woodsett Meadow is a purely private rental development, with all 72 properties being built for Start Living to own and manage. Countryside has already started work at Millfields, with work beginning on site at W