projects

A 68 property portfolio in and around Birmingham comprising 377 individual units which are a mix of studios, 1 beds and shared accommodation.

Aurus worked closely and with the help of Birmingham City Council to deliver this portfolio to the local authority for use to house those on their homeless registers.

Units: 377

Tenant Profile: Homeless or at the risk of homelessness, many of the tenants are struggling with mental issues, and learning difficulties. All tenants qualify for Housing Benefit

Accommodation: Studios, 1 bedrooms & shared accommodation

Lease: UK FRI 25Y Lease inflating at CPI

Local Authority: Birmingham Council support

Registered Provider: Arpeggio Properties

Property Management: Regional property manager