Build to rent specialist Oblix Living has purchased the former HMRC tax offices from Mapeley in its first venture in the city.
The 89,000 square foot vacant building is set to be transformed into new homes with planning approval for 100 one and two bed apartments granted in August 2021.
Oblix Living is looking at options to re-design the scheme to meet current building regulations and also bring in amenities, such as a gym, residents’ lounge, workspace, car parking and a landscaped garden.
The Saxon House building on Causeway Lane sits opposite the High Cross shopping centre in the heart of Leicester and on the doorstep of the city’s bustling leisure scene.
Rishi Passi, CEO, Oblix Living said: “At Oblix Living we’re looking to fill a gap in the private rental market, providing well-specified homes with the amenities that people want, but without pushing prices up beyond most people’s reach.
“We’re going to need to re-design the existing plans for the site to meet changes in building regulations, but this also gives us the opportunity to create communal spaces for residents including a lounge, workspace and gym.
“This site benefits from a location right in the heart of the city, within walking distance to shops, restaurants and bars and good transport links. We see it appealing to young professionals looking for a well-designed apartment alongside communal spaces where they can socialise or work from home.”
Founded in 2020, Oblix Living is already on site in Sheffield with 95 apartments under construction at Iron Yard and is actively targeting other towns and cities across the UK. Taking a service-led approach, Oblix Living is creating homes for professionals seeking flexibility, security and amenities fit for modern day living.
