A property investment company has bought a site in Doncaster, Yorkshire, where it plans to develop 60 build-to-rent homes.
Godwin Capital, based in London, is pursuing a strategy to grow across the country, hence the acquisition of the site in Watch House Lane in Bentley.
“This is an important scheme for us to develop 60 two and three bedroom houses specifically for the rental market,” said Andrew Mitchell, the firm’s group investment director.
“The UK is currently experiencing a housing shortage crisis and this investment will bring much-needed housing stock to the local area and community. It will be our first investment in Doncaster delivering quality family homes specifically for rent.
“We are keen to engage with companies and land owners who are seeking joint venture opportunities, bringing together our investment expertise and third party development sites.”
Godwin Group says this investment follows a period of sustained growth, which includes the launch of its London office last year.
The company’s head office is in Berkeley Square, Mayfair, and it also has regional offices in Nottingham and Birmingham.