Build to Rent

Allsop offers a fresh, innovative and strategic approach to build to rent, providing consultancy and advisory services on:

• Sourcing a site
• Viability / budget assessment
• Valuation
• Acquisition
• Design and value adding product consideration

Recent build to rent consultancy work has included the appraisal of a number of residential development sites and existing properties eligible for residential conversion under permitted development rights legislation, where a long term rental opportunity is being considered.

Allsop has extensive experience in research and analysis for different types of build to rent product across the UK. We can assess the fundamental market drivers and demand for rental product at a granular, local level right through to overarching market fundamentals.

Our access to data and extended network of contacts allows us to source information and undertake analysis / identify trends. We collectively tap into our industry contacts and use our 100,000+ database of clients, investors, residents and tenants.

We have written a number of research publications on build to rent and the wider PRS (private rented sector), which has featured at a number of residential investment conferences, such as the PRS Forum’s Build to Rent conference in February 2016 and RESI in 2015 .

Development of build to rent product needs to be driven by thoughtful design and specification with a comprehensive understanding of the investor’s requirements, consumer needs, market fundamentals and end user considerations to ensure gross to net operating income and return on investment is maximised. Management knowledge and strategy is an essential cornerstone of development decisions from day one, as management experience and data provide the proof points for a development’s success and inform future decisions.

Allsop has been operating large scale residential portfolios for 17+ years. Our services include:

• Product design and specification
• Service offering
• Resourcing
• Centralised services
• Facilities, block and property management
• Marketing
• Lettings
• In-residence care

Accurate property valuation is essential for informing investment strategy and decision making, and when it comes to a nascent sector like built to rent, experience and insight are essential.

Boasting an enviable list of built to rent case studies, our specialist valuers fundamentally understand the nuances of this emerging asset class. Having worked with a broad client base on a range of single and mixed use developments over the past two decades in the private, public and charity sectors, they use their breadth of experience to value engineer opportunities and maximise property value for the benefit of clients.

Financial probity, risk and reward can only be managed through the best possible independent and up to date advice. Our service provides robust asset and rental value assessments that inform viability, design, planning and the potential for alternative development options and is also essential for borrowing, tax planning, acquisition and disposal.

Allsop has strong relationships within the institutional and private equity markets, with access to investors at the forefront of the investment market. Our experience of working with funds means we know who is in the market and what they want, allowing us to assess the suitability of investments for our clients.

We provide best advice to developers, from development conception right through to the sales and marketing campaign. We pride ourselves in delivering a high quality service and bespoke marketing particulars, selling not just a building, but also the ‘story’ of the completed development and its positioning in the micro and macro rental markets.

Our experience and market knowledge, give our clients comfort that the investment is attractive to prospective capital partners and enable us to deliver the level of information required by the institutional funding market.