Brighton Property Investment Portfolio SOLD

October 2020

Star Property are pleased to have just acquired for a client a multi unit residential investment portfolio comprising 10x properties, some let some vacant and some in need of refurbishment. The portfolio spanned across the Hanover area of Brighton, had been under the same ownership for over 20 years.

The commercial director of Star Property Richard Lowrey, worked to tailor a bespoke sale to meet both the vendor and purchasers requirements, resulting in both parties being satisfied with the final structure of the deal and the speed of the transaction.

Richard Lowrey of Star Property commented "These sort of complex multi-property purchases are what we have grown to specialise in over the years, often where previous sales have failed we ensure that all due diligence is carried out prior to the sale being agreed and by bringing both the vendor and purchaser together, we ensure the transactional time is reduced to a matter of weeks rather than months which is what often results in an abortive sale". 

Demand for these types of investments continues to remain strong, with unbroken blocks of flats and multi let portfolios such as this appealing to the more established investment companies, who have funds available to facilitate quick purchases, which often appeals to a vendor who is exiting the market. 

If you have a property portfolio which you are considering selling and would like to discuss how we can create a bespoke sale for you, please contact Richard Lowrey on Tel: 01273-037194 or email richard@star-property.co.uk