The development comprises nine three and four-bedroom homes on the site of a former scrapyard.

Valuations for the transaction were undertaken by JLL, and legal due diligence was provided by Clarion.

According to analysis conducted by Savills, there are now 702,580 homes valued at £1mn or above in Britain, representing a 34% increase in the last five years.

As the qualifying criteria opens up new opportunities for leaseholders, ALEP shares its advice for all involved.

Average rent arrears rose 23% year-on-year to £2,237 in Q1 2025.

Almost £575m was invested in the UK purpose-built student accommodation market during Q4 last year, taking annual investment to £3.87bn.

Average tenancies lasted four months longer in 2024 than in 2021, according to data from The DPS.

Gold standard of nature recovery proposed across 75 sites in England

The facility supports the acquisition of the freehold of the building, conversion and construction costs, S106 and CIL liabilities, professional fees, interest and a 4-month VAT...

Transactions saw a rise of nearly 13% during the first three months of the year, according to new figures.