- Placefirst and Strata have completed the first phase of homes at Chingford Meadows, a 104-home single-family rental neighbourhood in Nottingham.
- The £28.5 million scheme marks Placefirst’s first development in Nottingham and the second project delivered through its joint venture with Strata.
- Completion of the first phase marks another milestone in Placefirst’s expansion across the Midlands and wider UK.
Developer-operator and single-family housing specialist Placefirst, alongside contemporary homebuilder Strata, has completed the first phase of homes at Chingford Meadows, its new 104-home build-to-rent neighbourhood in Bilborough, Nottingham. Once complete, the £28.5 million development will mark Placefirst’s first scheme in Nottingham and the second project delivered through the company’s joint venture with Strata, which aims to deliver 500 single-family rental homes across the UK by 2028.
Located in Bilborough, approximately 15 minutes from Nottingham city centre, Chingford Meadows has been designed as a managed residential neighbourhood specifically for long-term rental living. The completed development will comprise 104 family homes, including 70 three-bedroom houses and 34 four-bedroom houses.
The scheme reflects Placefirst’s focus on delivering high-quality single-family rental housing in locations where demand is growing. All homes have been developed to a bespoke rental specification created jointly by Placefirst and Strata, incorporating spacious layouts, private gardens and modern design features. Chingford Meadows will be managed directly by Placefirst’s in-house operations teams, providing residents with dedicated resident support and responsive maintenance services.
Sustainability has been a central component of the development. All homes incorporate photovoltaic solar panels, battery storage systems and electric vehicle charging infrastructure, helping to improve energy efficiency and reduce costs for residents. The homes have also been designed to support lower-carbon living while providing high-quality, future-proofed family accommodation.
The completion of Chingford Meadows further establishes Placefirst’s presence in the Midlands and brings the total number of homes being delivered through the joint venture with Strata to 232, which is an important step towards its ambition of delivering 500 homes by 2028.
Anna Hwang, Chief Investment Officer at Placefirst, said:
“The completion of our first homes in Nottingham is an important milestone in the growth of Placefirst as well as in our partnership with Strata. The scheme establishes our presence in an important new market and reflects our ambition to bring high-quality rental neighbourhoods to more locations across the UK. By working in partnership with Strata, we’re able to bring forward developments like Chingford Meadows more efficiently, helping to increase the supply of quality rental homes in places where people want to live.”
Mark Leaf, Chief Growth Officer at Strata, said:
“The completion of the first phase at Chingford Meadows is an exciting milestone for both Strata and Placefirst, demonstrating the strength of our partnership and our shared commitment to delivering high-quality homes that meet changing housing needs. Working together, we’ve created a neighbourhood that combines thoughtfully designed, energy-efficient family homes with the long-term benefits of professionally managed rental living.
“As demand for high-quality rental homes continues to grow, partnerships like this play an important role in bringing forward new housing while maintaining the design and placemaking standards central to every Strata development. We look forward to completing the remaining homes and continuing to build on the success of our joint venture with Placefirst.