We have recently opened our first letting shop at Hull. This increases brand awareness, provides a convenient place for cash rental payments and is an additional property marketing location. Not only does this reduce letting lead times, and management costs, but creates extra portfolio building opportunities.

Our portfolio building unit has supplied a 72-unit package to the specification of a prominent customer. The property exchange was completed within one month, and provides a monthly yield of 11%.

A 10-apartment high quality renovation at Mapperley Park in Nottingham is now complete and 8 units are now sold.

A return of 8.6% per annum on a 12-flat new build in Arnold, Nottingham has been achieved along with a capital gain of 70%.