London, Friday June 29th 2018.The founders of Addington, Martin Roberts and Matthew Allen have launched “AddLiving”, an independent management and leasing platform to service the growing PRS/BTR sector in the UK.
Addington, with its partners, has acquired around 2,000 houses and apartments across the UK since 2012. PRS schemes include Waterside Apartments and Headingly Park in Leeds and Velocity Village in Sheffield. AddLiving is already being used on a number of Addington’s investment schemes and currently has around 600 units under management or in the pipeline. The plan is to build on its success and offer its services to other Addington schemes and to other PRS investors.
Martin Roberts, co-founder of AddLiving said, “We have created AddLiving out of what we have learnt from managing a geographically diverse and varied portfolio of residential properties. AddLiving’s offer will appeal to the long term residential investor that is looking for efficiencies from buying in scale but does not want to create its own management and leasing platform and is not satisfied with the current offer from the traditional residential lettings and management agencies. AddLiving will bridge the gap in the market between the two.”
Matthew Allen, co-founder of AddLiving added, “We have invested in an online leasing and management platform and adopted a decentralised approach to management, with on-site teams fulfilling most of the day to day responsibilities. This is a similar business model to the management of student housing, providing the benefits of local support and reduced running costs.”
For further information, please call;
Martin Roberts, Addington Tel: +44 (0)207 042 9250 Email: martin@addington.uk.com
Matthew Allen, Addington Tel: +44 (0)207 042 9250 Email: matthew@ addingtoncapital.com
Karen Roberts, PR Consultant, Tel; +44 (0)7917 225383 Email: keroberts@btopenworld.com
