BTR Amenities: Balancing Cost and Value

How much amenity space should BTR offer? How do we balance cost with rental premiums and resident satisfaction? HomeViews and Molior have collaborated on this unique analysis of BTR amenity space data to find answers.

In partnership with

Rightmove

BTR Amenities: Balancing Cost and Value

How much amenity space should BTR offer? How do we balance cost with rental premiums and resident satisfaction? HomeViews and Molior have collaborated on this unique analysis of BTR amenity space data to find answers.

In partnership with

Rightmove

Molior has now expanded its data platform beyond London to cover major UK cities. To help celebrate this, HomeViews and Molior conducted a unique analysis of amenity space and reviews data for Birmingham Built to Rent communities.

This generated some interesting initial insights into questions such as:

  • How does increasing amenity space impact resident ratings?
  • Does greater amenity space generate higher rental premiums?
  • Where is the most profitable balance between cost and resident satisfaction / higher premiums?

We have seen an amenities ‘arms race’ in UK BTR, but the industry is now raising questions around value/resident satisfaction and cost effectiveness. As a result, amenity light BTR is an increasingly common discussion topic.

This study is an initial exploration that has raised some interesting findings around the value of amenity space to residents, and its connection to pricing.

Our thanks to Debra Yudolph at SAY and Nick Jopling at Square House Consultancy for adding their thoughts as our expert industry commentators.

Download here

We believe the best information about a residential development comes from the people living there. Owners and tenants have a lot of useful information to share with their prospective neighbours, not just on the property itself and its locality, but also on the development and building management.

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