Unravelling the Benefits of Buy to Let Furniture Packages
We've been exploring the world of buy to let furniture packages: these packages have been a game-changer for many in the rental industry, offering convenience, cost-effectiveness, and a hassle-free way of furnishing properties. This blog post will delve into the Build To Rent (BTR) industry in London, the future needs of renters, and how AGC BTR furniture packages can meet these demands.
The Booming Build To Rent Industry in London
The BTR sector in London has seen significant growth in recent years. It's an industry that focuses on developing residential properties specifically for rental purposes, not for sale.
The Build To Rent (BTR) sector in London continues to experience unprecedented growth. According to a 2023 report, there are now over 60,000 BTR units under construction, reflecting a 100% increase from 2021. Additionally, another 70,000 units are in the planning stage, a two-fold jump from the 35,000 units forecasted in 2021. This continued growth emphasises the increasing adoption and effectiveness of BTR furniture packages in meeting the evolving demands of London's rental market.
Forecasts suggest continued growth, driven by urbanisation, changing lifestyle preferences, and affordability issues in the home ownership market.
The Evolving Needs of Renters
As we progress further into the future, the landscape of rental housing continues to evolve, necessitating a deeper understanding of the increasingly specific and nuanced needs of renters. In light of this, it is crucial to explore and analyse the key trends shaping the rental market, as identified by AGC BTR.
Desire for community: renters are seeking more than just a place to live; they want to feel a sense of belonging and connection with others. This is why the inclusion of well-designed communal spaces is becoming increasingly important in Build-to-Rent (BTR) developments. These shared spaces provide opportunities for residents to interact, socialise, and build meaningful relationships within their community.
The integration of technology: from smart home systems to high-speed internet and virtual amenities, technology enhances convenience for renters. Virtual and augmented reality technologies enable immersive property experiences and seamless communication with property managers. With a focus on connected communities, technology is shaping a brighter future for Build to Rent.
Focus on sustainability: more renters are becoming conscious of their environmental impact and are seeking eco-friendly options in their homes. This translates into a growing demand for furniture and appliances that are environmentally friendly and energy-efficient. Renters prioritise sustainable materials, energy-saving features, and products that contribute to a greener lifestyle. By incorporating sustainable elements into rental properties, developers can attract environmentally conscious renters and contribute to a more sustainable future.
Zen living: emphasising the increasing importance of wellness in Build to Rent (BTR) schemes, they are designed to create a healthy and harmonious living environment for residents. Rooftop gardens, outdoor spaces for yoga and exercise, on-site gyms, and wellness centres are all integral parts of BTR designs. An exemplary instance is our award-winning 8 Water Street project, featuring the largest outdoor space in the Vertus portfolio, complete with lounge seating, dining tables, and an outdoor bar.
Read more about renter's needs in this blog post.
The Power of a Conscious Furniture Package in BTR
Furniture packages are an excellent solution for the BTR industry. They offer landlords and developers a hassle-free way of furnishing multiple properties efficiently. These packages are curated by experts and include everything needed to make a property feel like home. This not only saves time but also ensures a consistent, high-quality aesthetic across all properties. Read more about the buy to rent furniture packages here.
The Conscious Collection, offered by AGC BTR, is a prime example of a furniture package that meets both the practical and ethical demands of today's renters. By using sustainably sourced materials and energy-efficient appliances, we create beautiful and functional spaces while reducing our environmental impact.
Our team of designers at AGC BTR meticulously source local suppliers for every piece of furniture, with a goal of transforming the way properties are furnished. We prioritize longevity and quality, using robust materials that can endure daily usage. Each item, whether it's handcrafted, created with a focus on reduced carbon footprint, non-toxic, or organic, features 'Environmental Icons' for transparency, helping renters understand the environmental impact of our products.
Why Choose Buy To Let Furniture Packages?
In conclusion, buy to let furniture packages offer a seamless solution for furnishing rental properties. They cater to the evolving needs of renters, promote sustainability, and save landlords and investors considerable time and effort. If you're involved in a BTR project, we highly recommend considering furniture packages as a cost-effective, hassle-free furnishing solution.
We hope this blog post has provided valuable insight into the benefits of buy to let furniture packages. For more information or personalised advice, don't hesitate to contact AGC BTR.
At AGC BTR, we love to keep on top of the latest design trends in BTR developments, and our futuristic approach means that we are always ahead of the curve.
To discuss your BTR development, get in touch with our team. You can slide into our DM’s here BTR@agofc.com, or give us a bell here +44 (0)20 3651 3325