‘Boutique’ build-to-rent brand invests over £33m in London Borough of Barnet
A ‘boutique’ build-to-rent specialist has announced the multi-million pound purchase of 69 units in the London Borough of Barnet.
Kooky has purchased the units in the areas of Mill Hill and Whetstone, investing over £33m in the borough.
The firm has acquired 30 units within Millbrook Park, in the wider redevelopment of the former Army Barracks in Mill Hill, and a block of 39 apartments within Oakleigh Grove in Whetstone.
Delivered by housebuilder Taylor Wimpey, the Oakleigh Grove units comprise two bedrooms and two bathrooms each, while the Millbrook Park former Army barracks contains 12 one-bedroom apartments, 18 two-bedroom and two-bathroom apartments, as well as 71 parking spaces for residents.
Howard Crocker, managing director of Kooky, commented: “Our strategy at Kooky is to be the most customer focused property provider.
“We are on a never-ending quest to make the experience better for our consumers, constantly talking to them about what they want, and exploring options to help personalise Kooky experiences within our buildings.”
“We are confident that Mill Hill and Whetstone will achieve high rental demand; both offer a wide array of local amenities, and our ability to work quickly and efficiently with Taylor Wimpey meant we were able to seize the opportunity.”
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