Rental performance during Covid-19

Just after the lockdown was imposed, we took the unusual step of releasing the properties at The Old Brewery in Mansfield. Despite having no show homes to view, both Phase 1 and Phase 2 of this site are now fully let, resulting in 50% of the overall site being reserved before the lockdown is over!

Our team has seen a spike in lettings across all our schemes including the iconic Mansfield Brewery redevelopment, The Old Brewery. We believe the lockdown is helping drive unprecedented demand for these properties for a variety of reasons;

  • The shift in market demand
  • Potential tenants having extra time on their hands to research local properties
  • PRS tenants realising their current home is not quite what they are looking for

Leading them to discover the advantages of renting a Wise Living home from a professional landlord. Rather than visiting the development, we are encouraging those looking for a new home to check out which homes we have remaining at The Old Brewery, here.

Our Head of Lettings, Anne Malone, adds:

“Almost all of those enquiring are very familiar with the location of the development, so are happy to make applications off-plan. Our dedicated lettings team are working remotely to handle all online applications and support people through the process.

It’s testament to the huge demand for rental property so close to Mansfield, particularly for homes that are designed to challenge existing standards and offer high-quality, new-build spaces for families to live in”

We’re focused on creating and growing communities and, ultimately driving better standards of living for rental tenants and The Old Brewery has been designed to do just that. Those looking to reserve their next rental home need to do so quickly. Work started on the site of the iconic Mansfield Brewery in 2019 and these homes are on track to be released in June and August this year. The development features a selection of one to four-bedroom homes, all named after famous people with links to the region.

As well as The Old Brewery development in Mansfield, Wise Living also has sites in Coventry, Telford, and Birkenhead. We recently outlined our five-year growth strategy, announcing plans to build 10,000 rental homes by 2025, creating up to 100 new jobs across the UK. Our team provides a number of services to support a Wise Living partnership, find out how a deal with us works here.

For further information on any of our sites, please fill out the contact form below and one of our designated letting agents will be in touch to guide you through the process. If you are interested in a development that is “coming soon”, your details will be kept on file and an agent will be in contact with you when the development is launched.