The Carrick, Gorgie, EH11

This development was sourced for overseas clients who were looking at a cost-effective way of adding multiple properties to an already existing portfolio. We negotiated a substantial, multi-unit discount on the purchase of 6 units and this purchase qualified for multiple dwellings relief saving an additional £147,800 in additional dwelling supplement tax. This tax saving immediately improved the bottom-line yield across all the units and the discount on the portfolio bolstered the short, medium and long term capital growth values.