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Regent Court, Leicester
The property was a listed detached office building in Leicester City Centre. Our Building Surveyor’s response was a total sum of £275,000 (the Building Surveyor seeking to reflect reasonably assumed supersession if converted to residential or instead upgraded to modern offices).
In light of this, our valuer produced a Diminution in Value Assessment at £115,000. Applying this assessment allowed us to reach a settlement of £115,000.
By automatically providing both the Building Surveyor and Valuer, it ensures the best result for our clients and significantly lower settlements.
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