A 253-home build-to-rent improvement is coming to Edinburgh metropolis centre from developer Vastint UK.
New Fountainbridge is positioned on the Union Canal on a former brownfield improvement web site and options a mixture of studio, 1, 2 and 3-bedroom flats and 4-bedroom townhouses.
The event is managed and let by Native Communities, whereas the entire properties have been designed and constructed round non-public courtyards, with residents additionally getting a 7 day per week concierge, bike storage and personal parking.
The primary residents might be welcomed in September.
Zhaleah Qayyum, head of residential gross sales and lettings at Vastint UK, mentioned: “We’re excited to be launching New Fountainbridge, that is our first improvement in Scotland and we’re thrilled to be bringing our fantastically designed, high-quality new properties to a location which is near the town centre and in addition provides views of the enduring Union Canal.
“Working with Native Communities, New Fountainbridge is about extra than simply the bricks and mortar, we’re dedicated to making a dynamic neighborhood which blends metropolis centre buzz with tranquil waterside residing.”
The positioning contains 63 properties obtainable at intermediate market hire (IMR), beginning at £748 per thirty days, with the remaining 190 obtainable at open market hire (OMR) from £1,495 per thirty days. All of the properties are pet pleasant, which means furry buddies are welcome at no additional value.
These properties additionally come absolutely furnished with considerate design particulars equivalent to in-home storage and lightweight, spacious layouts.
The brand new improvement additionally contains 8,500 sq ft of economic house on the bottom flooring, with Vastint UK eager to draw retail and leisure operators that can additional improve the supply to residents.
Alec Newton, director of origination at Native Communities added: “We’re delighted to be partnering with Vastint UK on their first Construct to Lease improvement in Scotland.
“New Fountainbridge units a brand new benchmark for rental residing in Edinburgh that mixes thoughtfully designed properties and a waterside setting, reflecting the vitality and tradition of the town.
“Our focus at Native is on creating expertly operated communities with soul, and we’re excited to welcome the primary residents later this yr.”
