To act as the central point of coordination and oversight for the successful long-term management of the residential investment asset at 10 Victoria Street Newark.
The role safeguards the asset ensures resident and tenant satisfaction meets financial performance goals and supports shareholder value.Core Responsibilities Property & Freehold Oversight
Oversee the operational risk eventual sale and financial management of the block of 39 apartments including the freehold and service charge budgets.
Monitor and ensure building health safety and compliance regulations are met.
Agent & Stakeholder Management
Select appoint and review performance of the letting agent(s) and block managers managing the 30 rental flats and communal areas.
Liaise regularly with agents residents leaseholders contractors council departments and other relevant stakeholders to address any arising issues.
Monitor SLAs and KPIs and enforce service standards from agents and contractors.
Resolve escalated issues relating to tenancy disputes maintenance delays leaseholder queries or defects.
Financial Performance & Reporting
Ensure Victoria Street Assets Ltd (VSA) achieves profit target each financial year.
Liaise with agents to review rental voids arrears renewals and maintenance costs.
Work with accountants and bookkeepers to produce accurate and timely accounts for:
VSA Ltd (30 rental flats)
Anima Victoria Street Ltd (freehold company)
The Management Company (leaseholder members)
Ensure all company filings VAT returns and statutory accounts are submitted on time.
Governance & Board Liaison
Organise quarterly board meetings and distribute minutes and action plans.
Prepare and send monthly performance reports to all shareholders.
Maintain a central dashboard of key metrics (occupancy arrears costs profit/loss issues flagged etc.).
Risk & Compliance
Identify and escalate any risks that may threaten the financial or operational stability of the asset (e.g. rent arrears unexpected costs legal disputes).
Proactively propose mitigation strategies and contingency planning.
Ensure legal compliance and insurance matters are up to date and reviewed regularly.
Maintenance & Defect Management
Liaise with agents and contractors to monitor resolve and sign off snagging defects and repairs.
Ensure a planned preventative maintenance schedule is in place and followed.
Support capital improvement projects as needed (e.g. upgrades compliance works).
Stakeholder Support & Ad Hoc Projects
Respond to reasonable requests from directors and shareholders on ad hoc matters.
Coordinate AGM for leaseholders and support company secretarial duties as required.
Support any asset repositioning refinancing or disposal strategy as instructed by the Board.
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