Charles Lear & Co. has been successful in achieving excellent results when selling numerous properties to investment buyers, some of whom have been adding to their portfolio and others who are taking their first steps along the path to building one. Having acted on the sale of numerous properties to and for landlords, we have been able to build up an excellent reputation with buyers and sellers alike, many of which are looking to continue to expand their collection. What has proven particularly popular over the last few years is the sale and acquisition of large freehold buildings comprising a number of individual self-contained apartments. The benefit to having autonomy over not only all of the apartments in the building, the communal parts and ongoing maintenance without a formal service charge, external (and often a somewhat absent) freeholder and managing agent. With many of this type of sale, buyers have had the opportunity to purchase with tenants in situ, providing instant income.
We are constantly asked by prospective purchasers for blocks of apartments or bulk purchases, so if you have something that fits this criteria, we would be delighted to hear from you.
Confidential. C. £1,300,000.
A purpose built block of 8 luxury apartments with secure parking within a stone’s throw of John Lewis and Cheltenham town centre. Sold to an investor based in Broadway for a local client, off market.
Lansdown Terrace, Malvern Road. C. £2,500,000.
Acting on behalf of a deceased estate, Charles Lear & Co. found a London based investor wanting to add to their already diverse portfolio. A cash sale.
107 London Road. C. £650,000.
Listed, Grade II –Charles Lear & Co. found an investor to purchase this freehold property with the tenants to remain in situ as an ongoing investment.
Suffolk Road. C. £450,000.
We secured a sale on this property in poor condition to an investor from Shanghai. Sold with tenants in situ and with the benefit to add value and increase value and income.
Confidential. C. £1,600,000.
Acting for the buyers onthis occasion, we introduced our clients to this site confidentially via a contact in Guildford. Our clients then re-applied for consent to build three units, which has subsequently been approved.
200 Swindon Road. C. £1,800,000.
Our client was building this block of 14 apartments when we approached him on behalf of a housing association who were looking to increase their private rental portfolio.
Albert Place. C. £450,000
Having been recommended by a previous vendor, our client was looking to reduce the number of properties in his portfolio. This property comprised of four beautifully appointed apartments and we secured a sale to a local investor.
10 London Road. C. £600,000.
Sympathetically restored by our client, thisGrade II Listed block of five apartments with off road parking was sold to a local investor shortly after open marketing began.