BUILD to Rent (BTR) housing specialist, Sigma Capital, is celebrating a milestone after work on its first development in Scotland got underway under its private rental brand, Simple Life.
Built by Springfield Properties, the new village of Bertha Park in Perth is due to release its first homes later this year. Joining homes for private sale from Springfield, there will be 75 two, three and four-bedroom homes available for private rent, delivered by Simple Life.
Once complete, Bertha Park village will consist of 3,000 homes across multiple tenures.
Graeme Ray, land director from Sigma Capital, said, “We are excited to launch our very first site with our partners at Springfield Properties and we are grateful for their support, which has been instrumental in us bringing the Simple Life brand to Scotland. Bertha Park is already home to the first of many children’s play parks, a local convenience store as well as the new Bertha Park High School.
“As it grows, the village will offer a countryside community featuring a loch, additional commercial units for shops, medical and leisure use, as well as allotments and an orchard. With only 15% of Perth households being estimated as private renters, compared to the 12% average of Scotland, we couldn’t have chosen a more suitable location for a Simple Life development.”
Springfield Properties chief executive, Innes Smith, added, “We’re really pleased to work with Simple Life to offer an additional housing option at Bertha Park. There is already a wide range of homes available at the village, and now with a selection of quality homes for the private rental market too, we are able to create more ways for families to make Bertha Park home.
“Bertha Park is a great place to live with everything a community needs to thrive, from shops to schools, on their doorstep. Now, through Simple Life, those who may not be ready to buy or those who enjoy the flexibility of renting can enjoy the benefits of living in a Springfield village.”