A joint venture between Zenith Land and BMR Group, advised by Curchod & Co, has acquired The Enterprise Homes Portfolio, a prime freehold residential investment in Aldershot, in an off-market transaction.
The property comprises thirty-six fully let flats producing an annual rental income of £445,320. It was secured significantly below break-up value, providing a strong return for the investor.
Alex Blown of Curchod & Co commented on the transaction: “This was an exceptional off-market opportunity. The property offers immediate income and long-term redevelopment potential, making it a highly attractive investment. The yield and pricing reflect the strength of the market, and we’re delighted to have achieved such a favourable outcome for our client.”
The portfolio benefits from a lapsed planning consent for ten additional apartments, offering future value enhancement. Located in Aldershot town centre, just 0.3 miles from the mainline station, the property is positioned within an area undergoing significant regeneration. Developments such as Union Yard and the Wellesley Urban Extension are set to transform the town’s residential and commercial landscape.
The vendor was represented by Alan Dolman of Bridges in Farnham.
This acquisition further strengthens Curchod & Co’s track record in securing high-yielding investments for private clients.
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