Case Study

City Heights (Birmingham) Ltd

Property

Purpose build residential accommodation situated close to Birmingham City Centre, providing 84 flats and 3 commercial units

 

Brief

Improve the operational and financial management, as well as...

Result

  • Successfully secured a £10,000 resolution over a long-standing insurance claim - the previous agent had been unable to secure a result, despite protracted negotiations
  • Identification of a potential income stream from a crane over-sailing agreement (the crane was located next door). This generated £12,000 of new revenue
  • Introduction of Smart Sub-Meters and recharging for electricity, removed the risk burden of recovering from AST occupiers
  • Successful completion of Section 20 Consultation for the refurbishment of communal areas: this enhanced rental and capital values, as well as reduced void and selling times.
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