Drakesfield

Agency Investment Development
 

Property Investment
Residential Letting/Sales
Commercial Letting/Sales
Rent Reviews
Landlords
Locality Information
Drakesfield

Drakesfield have advised on the purchase of over 100 investment properties within the last 5 years. This investment has been focused primarily within London, representing a total capital value in excess of £30 million.

Our role is to identify investment opportunities for our clients. These can be in the form of:  prime, secondary or tertiary retail units, residential blocks, office premises, industrial units or development land.

 Our main objective is to add value and make these investments perform.

The key stages related to property investment are as follows:

  •  Identify suitable property investment
  •  Look at financing options
  •  Projections for end use i.e. disposal, development, and retention
  •  Negotiate purchase
  •  Property Asset Management (note there is a separate fee for this)

Our fees for this service are:

Purchase price below £250K   2% of purchase price
Purchase price between £250K & £2M   1% of purchase price
Purchase price above £2M   Negotiable

Sample Deal

In March 1998 Drakesfield purchased a large residential/ commercial freehold block in Mitcham Surrey, through Allsop auction. The deal was done on 75%:25% debt:equity basis. Planning consent granted for 8 additional flats in Sept 2006..
   
Purchase Price £1.08M
Reserved Rents @ purchase £131,820 per annum
   
 Valuation @ 2006 £4.1M
Reserved Rents @ 2009 £300,000 per annum

For further information, or to register your current property investment requirements, contact Tim Mir on  020 8715 9444 or email enquiries@drakesfield.co.uk

 

[ Home ]

Send mail to enquiries@drakesfield.co.uk with questions or comments about this web site.
Copyright © 2003 Drakesfield Management Ltd.
Last modified:24/02/2010