Trewhiddle Farm, St Austell, Cornwall
Vickery Holman were instructed by a Housing Association to carry out a valuation of 115 residential units forming the S106 (affordable) housing component of a larger residential scheme.
The valuation was required to support the proposed portfolio acquisition comprising a mix of rented and shared ownership affordable housing.
Undertaking a Red Book valuation which included providing the following advice:
We were instructed to provide our valuations on the special assumption that the properties had been satisfactorily completed in accordance with the approved plans.
We were able to provide the valuation which supported the agreed purchase price enabling the Housing Association to proceed with the acquisition.
