Principle Estate Management has won a contract to manage a block of apartments near to the University of Birmingham.
The company has been appointed to look after Chapter Court on Heeley Road in Selly Oak, Birmingham on behalf of Chapter Court Management Co Ltd.
The modern, 12-flat block was built in around 2006 and is 75% rented by individual owners – many of those students and professionals at the university.
Principle handles all property management issues and ongoing administrative duties for the management company, including acting as Company Secretary and providing the Registered Office.
Principle’s lead director on the contract is Joe Jobson, an experienced Chartered Surveyor and estate management expert who joined the company earlier this year.
Mr Jobson said: “We’re delighted to be managing this property which is so close to the booming University of Birmingham, and mainly inhabited by its students and staff.
“There were some issues when we took over, and we’ve already appointed a new cleaner as tenants wanted a more professional company.
“We’ve dealt with a few minor maintenance issues such as the door entry-phone system not fully working and a faulty fire alarm smoke detector.
“The smoke detector issue was an out-of-hours emergency repair via our call centre, which shows how vital it is for sites to have access to such services. We’ve also undertaken a full health and safety review.”
Principle is now awaiting a full financial handover from Chapter Court’s previous managing agent to assess the property’s financial position before starting external redecoration, replacement of the front door and improving the bin area.
A spokesperson for Chapter Court Management Co Ltd said: “This is a good property, but it needs a bit of tender loving care and we feel confident that Principle will take care of this.”
Chapter Court is located between several other properties managed by Principle in Moseley and Harborne, and the company has another pending contract in Selly Oak.
Principle Estate Management was launched in Birmingham in April this year. It is based at Cornwall House in Lionel Street, Birmingham, and offers a national property management service, predominantly to modern residential apartment buildings and traditional blocks of flats.