According to current projections, an average of 210,000 new households will form in England in each year between 2014 and 2039. In 2016/17, the total housing stock in England increased but remained short of the estimated 250,000 new homes needed to keep pace with household formation.
+ Below market value
+ In-demand areas
+ Quality refurbishment
+ Cash flow strategy
+ Long term view
A portion of potential housing supply exist in habitable areas but have remained derelict because landowners have insufficient funds to refurbish or redevelop them. We take these properties and provide a quality refurbishment or redevelopment so that tenants can move into the property and increase surrounding land value.
STEP 1
Idenitify potential properties with good fundamentals
STEP 2
Compare properties with desired risk/return and market comparables
STEP 3
Engage in the acquisition process, consulting with surveyors, legal advisors and the build team
STEP 4
Completion! Handle the tenant onboarding process, maintenance, insurance, etc.