Housing provider appoints Principle to look after 45 apartments in Bristol city centre

A new residential development of 45 smart apartments in Bristol city centre is to be looked after by Principle Estate Management.


The contract to manage the 36 shared ownership and nine social rent apartments on Dean Street, in the historic and popular area of St Paul’s, has come from Abri, one of the south’s largest housing providers.


The modern one, two and three-bedroomed apartments were built to provide much-needed affordable housing in the city.


Joe Jobson, a director at Principle, explained that the company had already supported and advised Abri on the ongoing management of the development from the drawing board stage.


This included putting together budgets, reviewing all operating and maintenance manuals, issuing service contracts and carrying out a full onsite inspection and snagging review after completion.


Mr Jobson said: “It has been great working with Abri through the build and it is great that we now see occupants moving in.


“By working with the development team throughout the design process we were able to add value by highlighting possible long-term management issues and offering solutions at the outset.”


Principle already manages a number of other schemes in Bristol and so the Albion Street development continues their expansion into the south west.


James Pennington, director of development at Abri, said: “The new shared ownership homes at Dean Street will provide further much-needed affordable housing in the city.


“To make sure that our customers have the best experience and support in their new homes, it’s important that we have a managing agent with the right experience to look after such a development.


“We’re confident that Principle will provide our customers with a great service and help them to thrive in their new homes.”


Launched in 2018, Principle has since grown from what was virtually a one-man band into what is now more than 35 staff looking after a portfolio of more than 7,000 units in 250-plus developments across the UK.