Between 2019 and 2022, and in partnership with BauMont Real Estate Funds, we acquired three residential portfolios in Greater London, totalling over 700 houses and apartments and costing around £137 million.
The properties are mostly Victorian and Edwardian and are let on ASTs, in zones 3-6 with clusters in Croydon, Crystal Palace, Walthamstow, Barking and Leyton. We are implementing a programme of capital investment to modernise the units and upgrade their energy performance prior to re-renting or selling, either to the owner occupier or investor markets.
The properties are managed by AddLiving.
