Get Living and Watkin Jones have agreed a £71 million forward funding deal to deliver over 200 new rental homes at Randalls Way in Leatherhead.

The development will be the first operational BTR scheme in Leatherhead, which offers future residents quality and well-managed rental homes with the green space of the River Mole Nature Reserve and Leatherhead Park on the doorstep.

On completion it will offer residents one, two and three-bed apartments, including 36 discount market rent homes alongside 3,000 sq ft of resident amenity space and extensive landscaped gardens. The Home Quality Mark 'Very Good' development is well positioned for sustainable transport, located seconds from Leatherhead railway station, which offers access to Central London in less than an hour and the open spaces of Box Hill in five minutes.

-- Advertisement --

This is Watkin Jones and Get Living's second deal since April, where the organisations agreed a £136 million forward funding deal to deliver 551 BTR homes at Sherlock Street, Birmingham.

Alex Pease, Chief Investment Officer of Watkin Jones, said: "Sealing our second forward funding agreement with Get Living in quick succession underlines the success of the partnership we are building. We’re looking forward to working closely with the team at Get Living over the coming years to deliver amazing places.

"This scheme is another example of our teams' remarkable track record of breaking new ground and introducing BTR into new locations. Leatherhead has all the fundamentals of a great place for future residents, and we’re certain they will enjoy a fantastic life there."