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PRIVATE RENTED PORTFOLIO.

Location
West Midlands
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Purchase Dates
Between 2008 and 2010
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Strategy
Purchased off-market and corporate sale/repossession assets at 12.5% yield or better. Refurbish and re-let.​
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Norton acquired a number of private rental houses over two years from 2008.
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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.

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

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