Transformation of Welsh Streets named UK’s Best Residential Project - Placefirst

The 2019 RICS Grand Final took place on Friday 4th October at the Royal Lancaster Hotel in London, attracting over 500 of the UK’s property professionals and a host of leading developers.

The RICS (Royal Institute of Chartered Surveyors) awards are regarded as the premier property and construction awards in the UK, celebrating the most innovative projects across the regions and their impact on local communities.

Competing against 11 regional finalists, including Placefirst’s The Green (North East), The Welsh Streets in Liverpool was named Best Residential project in the UK.

The Welsh Streets demonstrates how a long-term build to rent approach can deliver innovative design solutions to the growing housing crisis. Working with the proud heritage of Liverpool Placefirst, the Victorian terrace was reinvented through comprehensive remodelling that places the end user at the heart of the design process. Adjacent properties have been knocked through to create large, family homes, and all residents have access to landscaped communal gardens where once there were dark yards and alleys.

ABOVE: The Welsh Streets, Liverpool. Spacious family homes have been created through lateral conversions that offer a new quality benchmark in renting.


Tracey Hartley, Chair of the RICS National Judging Panel (residential) commented:

“Residential is by far the largest sector by value in UK real estate. This award recognises the vital and intimate link between a home and the well-being of its occupants. This should never be outweighed by a dry analysis of the purely financial returns a development might offer. Good residential development breathes life into old buildings, establishes new locations and provides the safe and secure roof over our heads we all need in order to thrive. The judges have seen an array of thoughtful residential schemes from both the public and private sectors where the needs of the occupants have been considered well.


“The Welsh Streets is a fine example of how to breathe new life into tired, rundown terraced housing. Instead of bringing in the bulldozers, sacrificing the established street layout and embedded energy of the existing buildings, Placefirst has imaginatively refurbished the houses and surrounding areas to create desirable, modern homes in an attractive community setting. At a time of acute shortage of quality rental accommodation available long-term at sensible rents, it is heartening to see a PRS scheme achieve just that”.

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