Silbury Boulevard

Milton Keynes

Project GDV

This large residential site on Silbury Boulevard was our first Private Rental Scheme, and paved the way for many more projects and relationships in the sector.

This prestigious PRS scheme was sold to Grainger PLC in a multi-million pound forward funding and development deal.

Grainger Trust is the UKs’ largest listed residential landlord and manager. The development involves the demolition of two existing office buildings and the construction of a 7-storey block comprising 139 exclusive apartments.

Planning permission was achieved on the basis of a Private Rental Apartment scheme. Construction commenced in October 2017 by the appointed contractor, United Living and due to open December 2019.

The property is situated in a prime central business district location with main boulevard frontage. Nearby occupiers include Santander, Deloitte, Home Retail Group, Transport Catapult Systems and BP Mobil.

Key development highlights

  • Secured planning for a 7-storey 139 unit apartment scheme
  • Large residential site
  • Prime commuter location for London, Birmingham and the North via fast inter-city train lines
  • Prime rental properties for key workers employed by large companies located in the vicinity
  • Client is Grainger PLC
  • Constructor is United Living (North) Limited
  • Total Gross Development Value £31m

Learn more about this development