Bournemouth JV Development Reaches Full Occupancy

Fairlight, the 37-apartment development delivered through a joint venture between Mactaggart & Mickel and Stonehaven Homes in Bournemouth, has reached full occupancy following a strong launch that saw all but one apartment secured within two months of entering the rental market.
Mactaggart & Mickel has reached another milestone at Fairlight, its 37-apartment PRS development in Bournemouth, with all homes now fully let. The development provides a mix of one and two-bedroom apartments in the sought-after Durley Chine Conservation Area, close to Bournemouth town centre, delivering high-quality, professionally managed rental accommodation in a well-connected coastal location.
The completion of Fairlight marked the successful delivery of the joint venture and added a further high-quality asset to Mactaggart & Mickel's growing PRS portfolio, supporting the continued expansion of its residential investment operations.
Following its launch to the rental market, Fairlight attracted exceptional interest, with all but one apartment secured within two months of launch. The final home was subsequently let, with the development now fully occupied. The rapid take-up reflects strong demand for professionally managed rental homes in attractive regional locations.

Brian Dick, Managing Director of Mactaggart & Mickel, said:
"The completion of Fairlight is an important milestone for our residential investment portfolio. We're delighted to see the development now fully occupied, reflecting both the quality of the homes and the appeal of Bournemouth as a place to live. I'd like to thank everyone involved in bringing the development forward and making it such a success."
The successful delivery and occupancy of Fairlight demonstrates the value of partnership working in bringing forward high-quality homes in locations where people want to live and work.
As part of our growing PRS portfolio, Fairlight reflects our long-term strategy of expanding our residential investment business through high-quality, professionally managed homes in locations with strong occupational demand.
We would like to thank Steven Beales and the Stonehaven Homes team for their valued partnership, and the Harbour View Construction team for their professionalism and quality of workmanship throughout the delivery of the development.
We would also like to recognise Jacqueline Primrose, Head of PRS, and the team at Leaders for their role in the successful launch, and Paul Starritt, PRS Contracts Manager, for his oversight and attention to detail throughout construction, helping to ensure Fairlight was delivered to the high standards expected by Mactaggart & Mickel.

