Birmingham estate management firm lands two London property contracts

Birmingham-based Principle Estate Management is to look after two property developments in London on behalf of a major freeholder client.

The contract includes Sawmill Studios at 19 Parr Street, close to Regents Canal in Islington.

This has two commercial units on the ground floor and basement levels, and 24 residential apartments which each sell for nearly £1m and rent for nearly £3,000 a month.

The second property is Crown Apartments at 45 Westholme Gardens in Ruislip, made up of 24 residential units worth up to £500,000 each and a commercial property on the ground floor.

Principle won the contract from a client which purchased the recently built developments last year as part of a portfolio.

Ian Smallman, director of Principle, said “We are delighted to have been approached to take on these two sites by one of our freeholder clients.

“These are both lovely sites and we are looking forward to working with residents to get the properties settled into new management.”

Principle was launched in 2018 by Brett Williams, a chartered surveyor and a past-chairman of the Association of Residential Managing Agents.

The company is based at Cornwall House in Lionel Street, Birmingham, and offers a national property management service.

It has become one of the UK’s fastest growing residential estate management firm’s since its launch, managing over 100 developments across the country.
 

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