The UK’s fastest-growing residential property management firm, Principle Estate Management, has won the contract to look after two prestigious mixed-use property developments in London on behalf of a major freeholder client.
Principle’s contract will see the firm manage the mixed-use Sawmill Studios at 19 Parr Street, Islington, and the Crown Apartments at 45 Westholme Gardens in Ruislip.
Located close to Regents Canal, Sawmill Studios (featured image) consists of two commercial units on the ground floor and basement levels, as well as 24 residential apartments above, which each sell for nearly £1m and rent for approximately £3,000 a month.
The second property, Crown Apartments (pictured, right), also contains 24 residential units worth up to £500,000 each, as well as a commercial property on the ground floor.
Ian Smallman, Director of Principle, commented on the contracts stating: “We are delighted to have been approached to take on these two sites by one of our freeholder clients.
“Principle confirmed instructions on the same day that we were approached, and our Qube data system was set up with the client, property, resident and lease details the very next day.
“We had to move quickly due to the circumstances with the previous agent, and it was great to demonstrate that we can do that.”