Institutional residential rental developments — applied to Leicester City Council in the East Midlands. With moderate Gateway 2 fire-safety scrutiny and an average build cost of £1900/sqm, the deal arithmetic for build-to-Rent (BTR) Schemes here is distinct from neighbouring boroughs.
Heads up: Leicester City Council operates Article 4 directions, so build-to-Rent (BTR) Schemes that would normally be permitted development will likely require a full planning application here. Build that into your timeline and risk model.
Run any East Midlands listing through Scapely to get a property-specific build cost, council objection-risk score and the Rental Yield & Demand Comparator overlay applied to Leicester City Council's policy environment.
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