Peckham Place, IDALINE COURT, SE15
Client – Notting Hill Genesis
Location – Peckham Place SE15
Peckham Place is a mixed tenure development, just a short walk from Queens Road Peckham station.
A detailed analysis of the private tenure at Peckham place was undertaken and Idaline Court was identified and recommend to the client for bulk disposal. Idaline Court is a self-contained block of 108 Private Units, with an exceptional podium garden amenity level and private underground parking.
A new dynamic entrant to the PRS market was identified during a particularly uncertain time in the market.
The transaction was navigated and concluded swiftly, against a backdrop of economic uncertainties and deal complexities, in time for client’s financial year end.
Not only was the process conducted off market’ and confidentially, but the purchase price achieved was well in excess of the competition’s suggested exit levels.