A substantial property comprising 165 flats totalling 36,734sq.ft. freehold sold at £42,000,000 by Allied Property to a substantial European family trust. The deal was seen and completed within 3 weeks and brokered entirely by Allied Property Investments (London) Ltd. The building is being held by the purchaser for long term income stream.
We are actively looking for similar properties on behalf of this client. The client is a family trust which owns in excess of 68,000 apartments for rental income. They require self-contained accommodation only, either residential, hostel or HMO but must be entire, unbroken blocks (20 – 300 units) anywhere within the M25, for long term income purposes.