Watkin Jones, the UK's leading developer and manager of residential for rent, is pleased to announce that the Group recently practically completed its 214-apartment BTR (‘build to rent’) scheme in Randalls Way, Leatherhead, forward funded by Get Living.
This development, known as The Oakgate, features a range of one, two, and three-bedroom apartments, including 36 designated as affordable housing. As the first BTR scheme in the town, this is a key milestone for the local area.
Residents will enjoy the prime location, which is conveniently close to Leatherhead’s central shopping and dining destinations, as well as nearby attractions including Leatherhead Park, the River Mole Nature Reserve, and the scenic Box Hill, just a five-minute walk away.
The scheme has strong ESG credentials and has achieved a Home Quality Mark ‘Level 3’ certification. It features sustainable elements such as air source heat pumps, an enterprise car club, and EV charging stations. The development includes two landscaped central courtyards with ample green space, a large children’s play area for families, and additional incidental play spaces throughout the site.
The development is well-suited for sustainable transport options with Leatherhead railway station, only a short walk away, offering direct train services to Central London in less than an hour.
Richard Harris, Group Delivery, Managing Director – Group Delivery, Watkin Jones, said: “We are proud to have worked closely with Get Living to deliver Leatherhead’s first BTR development. Together, we have successfully created homes that are not only exceptional places to live for families now but are also built with sustainability and long-term community benefits in mind.
"This exemplifies Watkin Jones’ outstanding track record as the UK's leading developer and manager of residential for rent. By introducing Build to Rent into new locations, we are addressing the urgent need for housing supply during a critical time of shortage."
Rick de Blaby, Chief Executive at Get Living commented: “With new homes for rent in high demand across the country, the practical completion of The Oakgate in Leatherhead is an important milestone as we prepare to launch this new neighbourhood. We have worked closely with Watkin Jones for several years to get to this point, with a shared vision of bringing forward schemes that deliver homes that are high-quality and sustainable for an increasingly broad demographic of renters.
“In touching distance of both London and the Surrey countryside, the launch of The Oakgate will bring the benefits of BTR to Leatherhead for the first time, and we’re looking forward to welcoming our first residents in the coming months.”
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Media enquiries:
WHP Group (Watkin Jones)
Charles Hirst
watkinjones@MHPGroup.com
Tel: +44 (0)20 3128 8100
Notes to Editors
Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the build to rent, student accommodation and affordable housing sectors. The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high-quality developments. Since 1999, Watkin Jones has delivered 48,000 student beds across 143 sites, making it a key player and leader in the UK purpose-built student accommodation market, and is increasingly expanding its operations into the build to rent sector. In addition, Fresh, the Group's specialist accommodation management business, manages over 16,940 student beds and build to rent apartments on behalf of its institutional clients. Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.
The Group's competitive advantage lies in its experienced management team and capital-light business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.
Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L. For additional information please visit www.watkinjonesplc.com
Get Living is one of the UK’s leading build-to-rent investors and operators. We provide quality rental homes in neighbourhoods that nurture togetherness, belonging and opportunity in a way that generates financial, environmental and social value for residents and shareholders alike.
Since the business was founded in 2013, Get Living’s portfolio has grown to almost 5,000 homes for rent across five neighbourhoods: East Village, Elephant Central and The FIligree in London, New Maker Yards at Middlewood Locks, Manchester and One Maidenhead in Berkshire. Further neighbourhoods are planned or under construction across the UK including Birmingham, Leatherhead and London.