Casa by Moda to Bring Nearly 100 New Rental Homes to Wigan’s Tulach Development

Casa by Moda to Bring Nearly 100 New Rental Homes to Wigan’s Tulach Development

Casa by Moda, a suburban build-to-rent operator, has acquired 93 homes at Northstone’s Tulach development in Pemberton, marking their first venture into the North West.

Already established with projects in Glasgow, Doncaster, and Leeds, Casa by Moda has chosen Wigan for their latest move. The newly acquired homes include a mix of two-, three-, and four-bedroom options within Northstone’s larger 268-home Tulach development.

These homes are designed with sustainability in mind, featuring solar panels and an EPC B rating. Renters will also enjoy superfast broadband and smart technology, including security systems, smart doorbells, and sensors to monitor room temperature and air quality, all provided through their tech partner, Utopi.

Matt Townson, director of development and projects at Casa by Moda, said: “The success of our existing Casa by Moda neighbourhoods has shown there is a demand for high-quality rental homes which offer more than just bricks and mortar. Given the outstanding homes, transport links and beautiful outdoor spaces at this location, we are confident Casa at Tulach is going to transform the way people rent in Wigan.”

Joanna Allen, land and partnerships director at Northstone, added: “We are pleased to meet our plan to deliver mixed tenure developments and communities that give greater access and choice to customers with our new energy-efficient homes. We believe that we provide something new to the new-build homes market at our Tulach development which has been a great success."

“At Northstone we are incredibly committed to setting a new standard for new builds – in every possible way – from the quality and leading eco innovations in our homes, to the exacting standards in overall design with our Scandi principles and style and industry-leading sustainability initiatives and this is all evident at our Wigan scheme which we are fiercely proud of.”

The deal was advised by JLL, and the first homes at Tulach are expected to be available early next year.

Casa by Moda, launched in 2021, has set a target of building 5,000 single-family rental homes by 2025. Backed by investment heavyweight Ares, the Caddick Group’s residential build-to-rent arm aims to tap into the growing interest in this market. Recent research by Knight Frank highlighted that institutional investors spent a record £1.9bn on single-family homes in the UK in 2023.