Family business with £20.5m residential property portfolio.
13 residential blocks, three garage blocks in central Surrey.
Valuation of portfolio ahead of 2024 Autumn Budget.
Residential Portfolio Valuation, Surrey.
£20
million
residential property portfolio.
13
residential blocks.
Challenge
Vail Williams was appointed by a private family business, which had a portfolio of residential properties in central Surrey.
The £20.5m portfolio, spanning 13 residential blocks and three garage blocks, required an urgent valuation ahead of the Autumn Budget in 2024.
How we helped
- Planned and undertook in-depth valuation of the whole portfolio of residential properties and garages.
- Provided in-depth valuation report and advice on the properties.
- Included advice on whether properties were rack rented, as well as advice on current and future legislative requirements, such as compliance with forthcoming Renters’ Rights Bill and existing MEES Regulations.
- Advised on potential future asset management avenues to support the maintenance and management of their portfolio in the future.
“We are delighted with the service that we have received from Vail Williams’ valuation team. Not only did they take time to understand the brief, but they acted quickly to ensure we received the valuations in good time, allowing us to take appropriate action ahead of the Budget.”
Private Client, Residential Property Investor.
Result
- Undertook in-depth discussion around asset values, explaining valuation methodology and the reasons behind the valuations attributed.
- In-depth residential valuation expertise together with a swift response, enabled our client to take appropriate action based on the valuation of the assets within their residential property portfolio.
- The client was able to make an informed decision.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.
Woking
