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Project name: Castleford
1. Strategy: Development of 6no 2 bedroom town houses. Build to rent
2. Location: The property is situated in Castleford’s popular residential area – suburbs of Wakefield. The property is within walking distance of a local supermarket and about a 25min drive to Leeds City centre.
3. Timescale: 12 months
4. land purchase: £140,000
5. Development and fees: £620,000
8. Security: personal guarantees.
Offer: We are raising £150,000 to cover the initial costs.
In exchange, we offer a return of capital and 8% interest.
Project name: Morley
1. Strategy: Development of 5no 3 bedroom town houses for sale
2. Location: The property is situated in Morley, 20 min drive to Leeds or Wakefield City.
3. Timescale: 18 months
4. Pre-planning already approved by the local council
5. Land purchase: £250,000
6. Development costs and fees: £700,000
7. GDV: £1.250,000
8. Security: shares in a company / JV
Offer for JV: We are raising £400,000 to cover land purchase and the initial costs – surveys, connections, architect, project manager, first material orders and fees
In exchange, we offer a return of capital + between 50% – 75% profit share after sale
Project name: S12
1. Strategy: Development of one 4-bed detached home for sale
2. Locatio The popular residential area of S12. The property is within walking distance to local amenities and a 15 minute drive to Sheffield.
3. Timescale: 12 months
4. Land purchase: £80,000
5. Development costs and fees: £170,000
6. GDV: £350,000
8. Security: Shares in the company
Offer: We are raising £250,000 to cover land purchase and the initial costs – surveys, connections, architect, project manager, materials, fees
In exchange, we offer a return of capital + 50% profit share after sale.
Project name: Castleford
1. Strategy: Development of 6no 2 bedroom town houses. Build to rent
2. Location: The property is situated in Castleford’s popular residential area – suburbs of Wakefield. The property is within walking distance of a local supermarket and about a 25min drive to Leeds City centre.
3. Timescale: 12 months
4. Land purchase: £80,000
5. Development costs and fees: £170,000
6. GDV: £350,000
8. Security: shares in a company.
Offer: We are raising £250,000 to cover land purchase and the initial costs – surveys, connections, architect, project manager, materials, fees In exchange, we offer a return of capital + 50% profit share after sale.
