Proptech Property Sense secures £500,000 investment in just four weeks
Summary
Property Sense, headquartered in Stockport but operating nationally, secured the half a million pounds in funding in just four weeks. Property Sense has also announced an ambitious five-year business plan to make its mark on the build-to-rent (BTR) sector. Plans include securing 5,000 BTR units to let per year by 2029, beginning with 1,500 units during 2025.Property Senses unique offering enables developers to fill their apartment blocks in less than 3 months after the buildings are completed, delivering pre-approved, long-term residents to the developments in record time.Mike Haywood, CEO of Property Sense, said: "Not only does this reinforce their belief in our model and current trajectory, but it allows Property Sense to share its continued success with those who backed us from the beginning.We look forward to building further on this success with a second raise in the coming weeks. Were confident this will again remain private due to the already increased company valuation since the first raise.The returns are looking extremely promising for all our investors thanks to our rapidly expanding BTR business and the value in our unique proptech. It is a proptech-driven lettings agent that can deliver shorter lease-up periods on blocks of any size.