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Patel&Patel

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The Lytham Legacy

The Lytham Legacy

This project is now in the legal phase, featuring a strategic bulk acquisition of 8 residential blocks—comprising 46 flats and one commercial unit.

When a landlord in his 70s sought to exit the property business, we recognised the opportunity. After thorough due diligence, we crafted a tailored solution that delivered mutual benefits for all parties involved.

Purchase Price:

£3,597,500

Refurbishment Works:

£0
Refinanced Value:

£5,816,290

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The vendor, together with his family, is enjoying his retirement, travelling extensively for weeks and months at a time. His worry was about offloading such an extensive portfolio and the drawn-out process.

We agreed to purchase all the blocks at the price he wanted, providing him with the peace of mind that there was only one buyer involved. This was a huge relief to him. We agreed to Exchange with Delayed Completion, with no deposit, and hand over all management to my selected management company, with full unconditional access, which he agreed to. This approach has saved us hundreds of thousands of pounds in financial and legal costs, with the potential to also extract a significant sum of money from the project due to the uplift in value created after title splitting the blocks.

At the heart of everything we do is a simple belief: strong partnerships lead to better outcomes.
By combining innovation with integrity, we’re creating a new standard in property investment.

We specialise in making a house a home

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