Purchased for fund manager clients in a sale and leaseback for £880,000, reflecting an initial yield of 10.74%.
The vendors, Metalrax Group plc, took a 15 year lease at £100,000 pa with annual RPI uplifts.
February 2011
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Portfolio of 9 let houses in Bordesley Green, Birmingham.
Sold for private property company March 2025 for £1.21m.
