Mid-market rent success for Osprey Housing in Westhill
Osprey Initiatives is hailing its development of 20 mid-market rental (MMR) homes in Westhill as a huge success.
The one and two bed terraced houses, built by Stewart Milne Homes, were successfully let on completion in 2016 by Osprey Initiatives, the wholly owned subsidiary of the Osprey Housing Group that deals with private sector rentals. Customers moved in during July and August last year.
Leasing services manager, Martin Gray, said: “These 20 homes were a great addition to the Westhill community and are now fully integrated into the local area. The properties are ideal for couples and small families as starter homes in a very pleasant environment.
“We currently have one vacancy with a two bed home up for re-let and demand has been high, such is the appeal of the area.”
Gray leads a team of three property professionals under the Osprey Initiatives banner, which is a full service housing business providing property, management and lettings services. Demand for MMR properties across Scotland is high, but particularly in the north east, where private rents are out of reach for many.
Osprey Initiatives currently acts for a small number of landlords, including the LAR Housing Trust, NHT Initiative and Places for People Scotland, managing around 300 properties at 15 sites in Aberdeen City and Aberdeenshire. It also manages over 60 of the Group’s own MMR properties.
Gray added: “We are growing fast with a number of developments planned for the Aberdeen area during 2017 and we are striving to make a difference across the rented sector in communities such as Westhill. It is an example of a successful development that can help change people’s lives.”