£8.85m – Acquisition Of A Buy-To-Rent Portfolio In Worthing (September 2020)
The client had developed and completed the scheme. There are 78 high-specification luxury apartments that are beautifully finished with modern bathrooms, bedrooms and living areas. This is complemented by a bright and spacious open-plan design. The development also encircles a landscaped internal courtyard, giving a peaceful place to unwind and enjoy some fresh air and sunshine. The client deliberately chose to hold a number of the apartments for investment purposes. Accordingly, a long-term investment facility was put in place to assist the client in building a significant PRS portfolio.