
Built in 2008 by Lovell, the apartments comprise a mix of one and two-bedroom homes across Beechwood Road and Larch Close, totalling 7,745 sq ft. The properties are held on long leasehold titles and will benefit from targeted investment to raise rental performance and improve tenant experience.
MCR plans to deliver a full refurbishment programme using its internal supply chain, focusing on quality, efficiency, and long-term asset value. Several apartments will be re-let immediately, with revised marketing and management initiatives designed to strengthen occupancy and stabilise yields.
This purchase reflects MCR’s continued commitment to regional investment opportunities across the UK, particularly in well-connected towns such as Nuneaton, which continues to experience population growth and strong rental demand.