British Pearl lists property portfolio with online agent for £3m
British Pearl has tasked online agent Vesta Property with selling its current portfolio.
The property investment platform announced earlier this month that it has put its current property portfolio up for sale to preserve values as part of its ordinary exit strategy.
Vesta specialises in selling tenanted properties and lists them both on its own platform and through property portals Rightmove and Zoopla.
The proptech firm also has its own list of potential buyers that it can market properties to.
The 20 unit portfolio is being offered for £3.039m but each will also be listed separately.
The portfolio is spread over seven parts of England, covering London, Hampshire, Herefordshire, Lancashire, Lincolnshire and West Yorkshire.
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Russell Gould, chief executive of Vesta, said there has already been interest in both the whole portfolio and individual units.
“We have only just started marketing the portfolio and already have significant interest, further validating the quality of the stock,” he said.
“We are already talking to a few potential buyers about offers and we are confident that we will be able to close the right buyer at the right price soon.
“Even in these trying times residential investment property remains a very attractive option for those investors seeking a stable yield.”
Ali Celiker, chief executive of British Pearl, said Vesta provides the right audience of buyers for the portfolio.
“We chose to work with Vesta because they specialise in the purchase and sale of investment property,” he said.
“They have the flexibility and expertise to market single units, special purpose vehicles, and entire portfolios, which sets them apart from other property portals.”
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