Residential Transactional & Living Markets Team
The Residential Transactional & Living Markets (RTLM) team comprises more than 20 industry experts with national coverage from both our offices in London and Leeds.
SPECIALISMS
Investment
- Disposal and acquisition of unbroken and part-broken blocks of flats, portfolios of flats and houses, HMOs and hostels, and mixed-use properties
- Expertise covers all tenancy types, including Assured Shorthold Tenancies (ASTs), Assured and Regulated Tenancies, Leases and Ground Rents
Land & Development
- Disposal and acquisition of residential development sites. From land or buildings with or without planning consent to existing commercial and residential buildings with untapped development potential
- Development consultancy
Student Housing
- Disposal and acquisition of HMO portfolios, student housing conversions, small to large scale PBSA and land subject to student consent
- Forward commit and forward funding structures
Build to Rent
- Forward funding
- Development agency
- Investment agency and consultancy
- Acquisition underwriting advice
- Research
EXPERIENCE / TRACK RECORD
- Transacted in excess of £1.1Bn worth of residential investment, development and student property over the last three years
- Advised on a number of BTR schemes across the UK with a combined GDV in excess of £1.5Bn
- Transacted on a huge variety of assets with values from £1M to £130M
- Deals undertaken in every region in mainland UK with a focus on London, the South East and the northern regions
CLIENTS
- Investment include: William Pears Group, Dorrington, LRC, Sheen Lane Group, Grainger, Long Harbour, Hearthstone, various Receivers, Charities, Private Individuals, Propco’s
- Development include: Canada Life, Patrizia, Topland, NHS, Aitch Group, London Green, Local Councils, Receivers, Housing Associations, Private Individuals, Propco’s
- Student include: Student Cribs / Mansford LLP, Steyn Group / Almero Student, Empiric PLC, Student Tribe, Kexgill, Condor Properties, We Are Kin, Volcap Student Fund, Global Student Accommodation, Campbell, AXO Student Accommodation
- Build to Rent include: Columbia Threadneedle Investments, Harworth Group, McLaren Living, Pension Insurance Corporation, Grainger plc, HBD, PGIM, St James Securities, Oakapple, Equans
WHY ALLSOP?
- Co-ordinated joint marketing from both London and Leeds teams to maximise national and regional exposure.
- Unrivalled market knowledge supported by an extensive database of active investors
- Ability to offer private treaty with auction backstop
- Act jointly with our commercial investment teams to add value for residential development / permitted development opportunities
- Integration between specialisms to provide best advice
Transactions - Residential Investment Team
Project X
- Portfolio of 219 dwellings across 6 opportunities
- Rent reserved: £1,419,340 per annum
Sold £18.1M
Capella Court, Purley
- Freehold unbroken block
- Comprising 86 new apartments: 34 x studios, 20 x one beds, 32 x two beds
Sold c.£26M
North West Portfolio
- Portfolio of 468 houses
- Rent Reserved: £1.998M per annum
Acquired £30M+
56 Regency Street, Pimlico, London
- Unbroken Freehold building comprising 14 flats
- Part Vacant with development potential
Sold c.£12M
The Saxon Portfolio
- A portfolio of 106 houses located across East Anglia
- Current Rent Reserved £968,670 per annum
- Gross Yield of 4.1%
Sold £23.5M
The Hub, Salford
- 178 self-contained flats and letting bedrooms across 25 converted houses
- Rent Reserved: £1,006,000 per annum
Sold £13M+
Key Contacts
Residential Investment Team
Transactions - Residential Land & Developments
High Road, Wood Green, N2
- Vacant M&S department store
- Planning for a residential-led redevelopment comprising 121 residential units and c.15,000 sq ft of commercial
Sold £11.85M
Bollo Lane, Ealing
- Former industrial site
- Planning permission for a mixed use scheme
- Comprising 101 residential units with commercial units at ground floor
Sold c.£15M
Widewater Place, London
- Riverside site of 6.3 acres with existing office buildings
- Prior approval for conversion to 131 residential units
- Further scheme drawn up for 295 residential units
Sold £33M
Former Debenhams, Staines Upon Thames
- Mixed use development opportunity
- Existing 1960’s department store occupies a 0.66a site
- Positive pre-application response for a residential-led development of 274 units
Sold £13M
79-87 Westminster Bridge Road, London SE1
- Vacant site of 0.16 acres with a small workshop and hard surface area
- Potential for a 12 storey plus building of either residential or commercial use
Sold £9.95M
Water Lane, Leeds
- City centre development land extending to 1.5 acres
- Planning submitted for 375 apartments and resident amenity Build to rent funding opportunity
Exchanged STP: £5M+
Key Contacts
Residential Land & Development Team
Transactions - Student Housing Team
Bishop Blackall School, Exeter
- 113 bed PBSA scheme
- Sold off-market on behalf of Empiric Student plc
Sold
Green Wood Court, Southampton
- Fully let 233 bed PBSA asset
- Non-ensuite first generation building sold off market
Sold off-market
Beech Gardens, Birmingham
- 248 bed PBSA scheme acquired off-market
- Further refurbishment and development opportunities
Acquired
Lillian Penson Hall
- Vacant 313 bed student accommodation block in Paddington with value-add / further development potential
Acquired £79.5M
Stepney Lane, Newcastle
- 314 bed PBSA asset
- Part vacant / part operational, non-ensuite building sold with value-add potential
Sold £12.8M
Opera House, London
- 65 PBSA acquired scheme located in Tottenham, London
- Acquired off-market
Acquired
Key Contacts
Student Housing Team
Transactions - Build to Rent Transactions
Project Spur
- Portfolio of 1,200 BTR single-family homes across 10 strategically located development sites in Yorkshire, the Midlands and the North West
- Allsop was appointed by Harworth Group plc to provide operational and investment advice before being retained on a consultancy and investment agency basis to source a funding partner for the portfolio
- After a competitive selection process, an investment partner has been selected
Under Offer
Becketwell, Derby
- 259 unit BTR scheme, with c.3,000 sq ft of internal amenity and a roof garden, forming part of a wider mixed-used city centre development
- Allsop was appointed on a consultancy and investment agency basis by developer St James’ Securities
- Grainger plc agreed to forward fund the development
GDV: c.£37.4M
Hayes, West London
- 359 unit residential-led scheme comprising 278 BTR units and c.12,000 sq ft of commercial space
- Amenities include: residents’ lounge, 24 hour concierge, gym, podium gardens, outdoor screening area, on-site management
- Allsop was appointed to provide operational and capital markets consultancy advice throughout the planning process before being appointed on an investment agency basis
GDV: c.£130M
Manox, Manchester
- 269 BTR houses and apartments forming part of a wider 16 acre masterplan which includes 7,998 sq ft of commercial accommodation
- Amenities include: residents’ lounge, concierge, gym, café, communal gardens, on-site management
- Allsop was initially appointed to provide operational and investment advice before being appointed on a consultancy and investment agency basis to source a funding partner for the development
Under Offer
Key Contacts
Build to Rent Transactions
