Catford SE6

Having provided agency advice to valued client Purelake New Homes in the lead up to their acquisition of this prime site in the Catford Conservation Area, we were delighted to be appointed selling agents for the scheme. The development comprises a total of 24 one and two bedroom apartments across three distinct blocks. Finished to Purelake’s usual and exceptionally high standard, our marketing campaign had generated strong interest prior to launch. Just days before the show home was due to be opened, we received an approach from an institutional investor keen to acquire completed new build stock for a new residential portfolio. Purelake’s Apex scheme fitted the requirement perfectly, and contracts were exchanged in the sale of all 24 units in just 10 working days. Purelake were delighted to conclude a sale at a level comfortably in excess of the anticipated GDV at the point of purchase. Acorn have now been retained by the investor to undertake the letting and ongoing management of the entire development. The investor remains keen to acquire other schemes, and has substantial cash reserves available. Please contact Kevin Neun for further information.

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Posted By Acorn Commercial on 2nd May, 2012

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