Planning expected in the very near future for 9 residential apartments with car parking
The site has been fully demolished and now flat surrounded by high standard security fences
Plymouth is a long leasehold development
Originally 125 years with 112 years left
There is planning for commercial and retail plus 18 storey building for student accommodation
Asking Price £5.5m
The vendor is negotiating an increase to 999years
A commercial and retail 18 storey building for student accommodation £5.5m
There is a 5-floor commercial building on the land at the moment.
It is a long leasehold
Originally 125 years with 112 years left
The vendor is negotiating an increase to 999years
Invest Alongside Developer in 3 brand new Family Homes Development in Hampshire, UK
Minimum investment £25k
Estimated 14-month project.
Security: 1st, 2nd charge and loan options available
Developer investing alongside investors
Fixed returns or profit share options available depending on size of investment
Highlights:
• Planning permission granted
• Site surrounded by the impressive Southwick Estate (North Boarhunt, Hampshire)
• Total purchase and build cost of £1.9m
• Overall GDV of £2.6m -> so a healthy 27% profit margin.
A Hampshire-based property development company which invests alongside external investors and has a strong track record is looking for investors in their latest project.
This will take the form of the development of 1 x 4-bed family house and 2 x 3-bed family houses in North Boarhunt, Hampshire and it is shovel-ready with planning permission granted and is surrounded by the beautiful Southwick Estate.
The 4 bed home will be pre-sold and terms agreed by exchange of contracts with 1 of the 3 bed houses currently also in sale negotiations.
The site is well positioned in terms of motorway access to northern and southern UK cities as well as outstanding train links. The contractor in charge of building the project has worked with the developer several times and is perfectly suited to the job.
There are equity, debt, or blended debt/equity options should investors wish to discuss those.
The developer has just finished a project so there is a property available to view to see the quality that goes into their homes, and site visits with the developer are also offered. Photos of a recently completed home are attached.
Testimonials and full details available upon request to show that the developer has a track record of returning investors' funds.
Quarterly updates and site visits during the build at specific stages are available.
If you would like to know more please message me.