Completed Residential Development
The project is situated in a prime Bristol city centre location, opposite Brunswick Square and within very close proximity to the high-street and comprises of 37 residential units.
MCR strategically acquired this site due to the fall in demand for office space and the lack of parking available at Trelawney House has resulted in the office block being left vacant for several years. The former office block was transformed into new desirable flats.
The development is in an excellent location, well suited for the ever growing demographic of young-rental-professionals who are flocking to the area to live in the vibrant city. Bristol has an ever-expanding population of over 428,000 and is the largest commercial-centre in the South-West of England, given its multiple sprawling retail facilities within its shopping districts.
It is no surprise that Bristol is such a desirable place to live, said to be the ‘happiest city in England’, featuring two top-class universities, plans for a new high-speed rail connection, high employment rates, its own airport and great transport links to the rest of the country.
It became apparent to MCR that there is a short supply of rental accommodation and buy-to-let properties due to the lack of housing available, pushing house and rental prices up for some time, making it an ideal development for our portfolio.