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PRIVATE RENTED PORTFOLIO.

Location
West Midlands

Purchase Dates
Between 2008 and 2010

Strategy
Purchased off-market and corporate sale/repossession assets at 12.5% yield or better. Refurbish and re-let.​

Norton acquired a number of private rental houses over two years from 2008.

All were repossessions/corporate sale purchases from major bank lenders including Deutsche Bank, Santander, Halifax & Nat West.

 

We were able to acquire these assets at significant discounts to their 2007 prices. All properties were fully refurbished and let.

Some assets have now been sold and others kept within the portfolio.

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