He also announced that Helmsley Group now has £65million worth of property in development across the UK, including a mixed-use development at York’s Fire Station and further affordable homes developments launched to local acclaim at Clifton Moor.
The group also provides development finance – a growth area for the business at present.
Syndicated property Associate Ed Harrowsmith added that the group’s syndicated investments now total 58 properties worth £128million.
He commented: “Yields have been compressed in the investment market due to an uptake in demand and a lack of supply of quality stock. There is still a strong desire from UK investors to make their money work in the property sector, as it’s seen as a positive place to invest, versus other options on the market.”
Tom Sykes, asset manager at Helmsley Group, discussed the strategy behind maximising rental and capital values for properties owned by the Group.
Charles Harrison, head of management at sister company Colenso, introduced a new brand identity for Colenso and discussed how optimal property management can keep property values consistent and tenants content.
The designs are truly unique and they’ve been designed to fill the homes with natural light, offering people a stunning place to live right in the town centre.”
Architect Ian Atkinson from DSP architects in York, adds: “We’ve worked within the constraints of a Grade II* listed building to create four unique apartments. These will be sensitively restored to incorporate period features with a contemporary aesthetic.
Richard Elam at Evora Construction is managing the work and adds: “Construction has begun and is progressing well at this quality location. We’re working within many guidelines for this listed building and the team are scheduled to complete in Spring next year.”
The properties will be on the market in Spring 2018. To register interest please contact Jamie Brain at Andrew Grant and Co. on Jamie.firstname.lastname@example.org.