Build to rent valuation
Accurate property valuation is essential for informing investment strategy and decision making, and when it comes to a nascent sector like built to rent, experience and insight are essential.
Boasting an enviable list of built to rent case studies, our specialist valuers fundamentally understand the nuances of this emerging asset class. Having worked with a broad client base on a range of single and mixed use developments over the past two decades in the private, public and charity sectors, they use their breadth of experience to value engineer opportunities and maximise property value for the benefit of clients.
Financial probity, risk and reward can only be managed through the best possible independent and up to date advice. Our service provides robust asset and rental value assessments that inform viability, design, planning and the potential for alternative development options and is also essential for borrowing, tax planning, acquisition and disposal.
Built to rent viability
Allsop offers a fresh, innovative and strategic approach to build to rent, providing viability advice on:
- Sourcing a site
- Viability / budget assessment
- Design and value adding product consideration
Abbeville Apartments, Barking
100 high quality build to rent apartments constructed above an Asda Supermarket with on-site amenities and services. This scheme was the first modern purpose built to rent scheme delivered in the UK. As Grainger PLC’s valuers, we are responsible for valuing
Abbeville Apartments bi-annually for accounting purposes.
Baltic Triangle, Liverpool
324 unit purpose build to rent scheme with 360 car parking spaces and 578 sqm of commercial space. We provided valuation advice to the development finance lender for
the project prior to the sale to Hermes. Our work incorporated in depth product
assessment for long term rental, analysis of design, product specification, build cost, market demand, unit mix and cashflow projections.
Kirkstall Forge, Leeds
A comprehensive redevelopment which may include a 280 build to rent apartment block on a suburban site. Allsop have been valuers on this scheme from inception, having a role not just with valuation, but in the evolving design, mix and configuration of the build to rent block.