Investor Hector Newton and fund manager Curlew Capital are to develop Northamptonshire’s first build-to-rent scheme.
The Hecurl joint venture has acquired a site next to Corby railway station from Homes England for a 150-flat scheme.
Work on the one and two-bedroom apartments is expected to begin by autumn of this year.
Athar Rashid, managing partner at Hecurl, said: “This flagship scheme will give local residents the opportunity to rent an affordable modern home, professionally managed and close to the town centre and local amenities.”
Paul Oliver, chief executive of Curlew, added: “We hope that this first deal with Homes England will help to speed the delivery of BTR assets for both occupiers and investors – a mutual objective for both organisations.”
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