Families looking for a better private rental deal in East Lancashire will get the chance to view two show homes built by PlaceFirst, a leading provider in high quality, fair value rental properties.
Specialist build-to-rent developer PlaceFirst will be opening the doors to two show homes at Woodnook, Accrington where they are working in partnership with Hyndburn Borough Council to deliver a £15m regeneration scheme that is transforming the neighbourhood through a range of housing and environmental improvements.
The Opend Day will take place on Saturday 11th April between 10am and 2pm. The address is 11 Hudson Street, Accrington, BB5 2HS.
In one of the largest residential schemes of its kind in the UK, PlaceFirst is transforming empty Victorian terraces across Woodnook into energy efficient 2, 3, and 4-bedroom family homes for private rent. Whilst the Victorian facades have been retained, the properties have been completely reconfigured internally to create attractive, spacious, brand new homes. 71 homes will be completely reconfigured with new internal layouts, whilst 60 homes will be refurbished to the same specification albeit within the existing internal layout. All homes feature a range of energy efficiency measure that will help customers to reduce their energy bills.
PlaceFirst completed ten refurbished homes in November 2014, all of which let within weeks of their release, and anticipate releasing new properties to rent from May 2015. Market interest continues to be strong and customers are now reserving homes ahead of the release in May.
In addition to new and refurbished homes, PlaceFirst is also delivering a range of property facelifts on Nuttall Street, the main street in Woodnook and home to a range of local shops and services. At the heart of Nuttall Street, there are plans for a brand new public square, which will open up the Woodnook Community Centre and provide a social and physical heart for the wider Woodnook community.
The Nuttall Street facelift is nearing completion and Hyndburn Council have recently approved funding for further facelifts across the neighbourhood with works due to commence in May/June 2015.
Public realm improvements to a number of streets will also be delivered, and there are plans for a new public square in the heart of Woodnook, adjacent to The Woodnook Centre and in close proximity to local shops.
Martin Ellerby, Head of New Business & Innovation at PlaceFirst commented: “The Open Day provides a great opportunity for families in the area to explore two great rental homes. PlaceFirst are committed to improving the quality of private renting and, at Woodnook, we are setting a new benchmark for fair value private renting. But Woodnook is about more than just new homes, in partnership with Hyndburn Borough Council, we are delivering a range of improvements across the neighbourhood including property facelifts, environmental improvements, and a new public square in the heart of the neighbourhood. The market response to date has been tremendous and customers are already reserving homes ahead of the second release in May”.