Telford & Wrekin Council’s private letting company Nuplace has now taken reservations for all 31 properties in the first Nuplace development at Pool View in Randlay.
The properties only went on the market to the private rental sector less than six months ago and have attracted lots of interest.
Nuplace is now continuing to market the site under construction at Woodland Walk in Madeley before Phase Two of the programme begins later this year.
There is still a chance to reserve one of Nuplace’s three bedroomed properties at Woodland Walk. So far 36 have been taken and they are being reserved quickly. The majority of the properties left at this site will be ready to live in this summer.
Phase Two will include 92 properties – a mix of houses and apartments – at Matlock Avenue in Dawley. The rest of Phase Two programme is still in the planning stages with construction due to start later this year.
Anyone interested in expressing an interest in renting a property at any of the developments should email firstname.lastname@example.org or visit www.nuplace.co.uk
Councillor Shaun Davies, Telford & Wrekin Council’s cabinet member for Business, said: “I am delighted but not surprised that we have managed to let the whole of the Pool View site in Randlay.
“It is a prime location with the Town Park right on its doorstep and I am sure everybody who has committed to renting a property will love living there.
“We are now concentrating our efforts on continuing to market Woodland Walk before Phase Two goes through planning.”
Councillor Richard Overton, Telford & Wrekin Council’s deputy leader and cabinet member for Housing, said: “It is fantastic that Nuplace is already a success and I am looking forward to the first tenants moving into Pool View.
“This is just one more example of the innovative ways that we are looking to generate income to compensate for the reduction in our government grant – something that is essential that we continue to develop further to be able to provide frontline services.”
Nuplace is a commercial company set up by Telford & Wrekin Council limited by shares and established to develop and manage a programme of 400 market rental properties.
It has the aim of supporting social and economic regeneration, addressing a shortfall in providing quality homes in the rental market and generating revenue to protect frontline council services.