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New build-to-rent neighbourhood set for Sheffield

Moda Living has announced plans to bring its lifestyle focused rental brand to Sheffield for the first time with a new build-to-rent neighbourhood in the city centre.  

Located in Sheffield city centre, Moda has acquired a site with planning permission for 410 new homes for rent across 26 storeys, ranging from studios to three-bedroom homes. The neighbourhood will also include a host of amenities including a gym and resident lounges as well as 82,600 sq ft of commercial space for retail use.  

With a GDV of £136m, the neighbourhood will deliver state-of-the-art new homes with a centralised amenity provision and flexible spaces in a low- to mid-rise built form.

Tony Brooks, Managing Director at Moda Living, said: “The Milton Street neighbourhood will allow us to make our mark here while bringing a new generation of rental living to Sheffield City Centre.     

“We provide our residents with a living experience unlike any other, with a focus on outstanding customer service, building sustainable communities, strong ESG performance and using the latest smart technology to support their lifestyles. We look forward to continuing this legacy in the brilliant city of Sheffield. With the UK’s housing crisis worsening we are committed to continue our investing in towns and cities across the UK to provide great quality managed homes for a wide demographic." 

Smart technology installed in the new homes will enable residents to monitor and reduce energy usage and running costs. Smart sensors in each apartment will monitor the temperature and performance of each home and residents will be able to access live tracking.

Construction is due to begin on the Milton Street neighbourhood in the second quarter of 2023.  

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