Annington is one of the largest providers of privately rented housing in the UK, and is one of the leading players in the Private Rented Sector (“PRS”). Annington owns over 40,000 homes with an asset value of over £7 billion.
We specialise in affordable family homes for the UK’s most critical workers, notably the military
Presently, over 95% of our portfolio is leased to the MoD. Whilst MoD housing will remain a significant proportion of our business, it will decrease in % terms as we diversify in private rental accommodation
Our housing portfolio is unique in the private rented sector – predominantly detached, semi-detached and terraced family homes with gardens
Our target tenants are households who want to transition from small flats to affordable, good quality family houses
Our 20+ years’ experience across England and Wales means we have in-depth knowledge of local market dynamics, including rents, valuations and occupancy rates
Our revenues are stable and predictable, with upside potential
We are investing in building our private rental portfolio
From year to year, as determined and decided by the MoD, homes which are surplus to its requirements are handed back to Annington. Should we decide to sell them, our approach to the refurbishment and sale of the surplus homes is based on three guiding principles:
To offer value for money
We always try to offer homes at competitive prices. Together with the use of appropriate financial incentives*, we aim to make home buying a realistic option for more people.
To create environments and places in which people want to live
Where we can, effort is concentrated on improving the 'street scene' to make it more appealing, from planting new landscaping to changing the external appearance of a property.
To provide peace of mind
Some of our homes come with a "28 Day Seal of Approval" - this gives our buyers peace of mind in the knowledge that any electrical and gas systems within their home have been professionally checked. The hot and cold water systems will have been turned on and run, to ensure they are in working order.*
*These may not be available on some sites and are subject to terms and conditions. Please ask the appointed agent for details.