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New rental homes launched to respond to Exeter housing shortage – over 95% now let

March 1, 2024 | News

A new collection of 25 two-, three- and four-bedroom private rental houses, Bayley Place, has been launched in Exeter in response to the urgent, rising demand for rental housing in the city.

Specialist build-to-rent company, Adler Estates, has already received huge interest in the energy efficient, new build homes, with over 95% now let and just one home now remains available.

Located at Tithebarn near Exeter Science Park, with excellent transport links to the city, close to the M5 and A30, these new high specification, sustainable homes are a rarity in the city and designed to appeal to working professionals, single parents, and families.

Built with sustainability in mind, the high-quality, energy-efficient new homes include EPC ratings of A, with solar panels for the benefit of the tenant, low carbon heating system, and infrastructure in place for EV charging points.

The contemporary design of the two-, three-, four-bedroom properties, include a town house style, as well as reverse-level homes that look over what will be a sports field, café, and supermarket – located just 30 seconds from these properties.

Internally all properties are supplied with all white goods and integrated kitchen appliances, blinds for all windows and balcony doors, two allocated, off-road parking spaces, safe bike storage, secure Wi-Fi, and modern security.

Adler Estates Residential Lettings Manager, Lauren England-Shepherd, explains that even though the homes at Bayley Place have launched against a backdrop of a rental market in utter crisis, the company is striving to keep rents as low as possible:

 “Adler Estates is a new division of the Eagle One group of private property companies and was established to respond to the crisis in the rental housing market in the Exeter area.  As we both build and manage the properties ourselves, we are able to utilise our scale to offer good value and affordability. Adler Estates is also privately funded and as such not governed by mortgage or interest rates, allowing us to deliver security and peace of mind for our tenants.”

Adler Estates was established in 2022 and is part of the parent company, Eagle One, who were the master planners of the Tithebarn area.  The new homes at Bayley Place are architecturally bespoke and designed to fit perfectly with the local surroundings, properties and scenery with careful consideration made to achieve an attractive, sustainable new community offering new homes for rent.

For more information on Adler Estates and their remaining properties visit their website https://www.adler-estates.co.uk/. Or book a viewing today by calling 01392 240022 or emailing enquiries@adler-estates.co.uk.