Appleton Gate, Newark
*Target start date is 31st May 2018. Shares may be issued in two tranches to avoid delays.
** Projected return to be paid as a capital gain if circumstances make it possible to do so
*** The Minimum Preferred Return is the return payable to Crowd Investors before the Developer takes any profit themselves.
Property name: Trent House
Property type: Flat - Purpose built
Property age: 2000+
Market type: Young professionals
Description: Trent House is a small town centre development comprising, 11 one bedroom apartments in Newark, Nottinghamshire. This first floor, one bedroom apartment has been finished to a good specification complete with hard wood veneer floors, stainless steel sockets, a custom built kitchen and stylish bathroom. Located over commercial premises, this redeveloped brick built building suits the 'old meets new' style of Newark. Read more.
Nottinghamshire as a whole has seen property prices slightly underperforming the national average over the past twenty years, however, the county has improved comparatively, year-on-year and it is anticipated that this will continue.
Situated on the banks of the River Trent, Newark is a beautiful town centrally located only 1 hour 40 minutes from London by train, and serving as a perfect historic commuter town for nearby Nottingham City.
This development is only a 5 minute walk to the market square, across the road from Sherwood Avenue Park, and benefits from a central Newark location.
*Local Property Market analysis uses House Price Index data from The Land Registry. The commentary is opinion only and should not be taken as fact.
|Legal & Professional Fees||N/A|
|Total Fund Required||£100,484|
|Ordinary A Shares - Developer Equity||£N/A|
|Ordinary B Shares - Crowd Equity||£N/A|
|Orindary C Shares - Crowd Equity||£N/A|
* Shares may be issued in Tranches to avoid delays
|Gross Development Value*||£115,000|
|Gross Sales Price||£119,600|
|Cl Growth Fees||£0|
|Gross Sales Proceeds||£18,611|
|Projected Net Profit||£15,075|
|Share of Equity held as Redeemable C Shares***||69.7%|
|Share of Profit paid to Class C Shareholders||42%|
|Total Capital Return to Class C Shares||£6,401|
|Average Projected Capital Return to Investors||9.14%|
*The stated Gross Development Value is based on the current sales values achieved within the area
**Market Growth has been estimated based on reference to market forecasts for the region
*** C Class Share holders are eligible to a fixed return of 9.1% which equates to 42.3% of Projected Net Profits after Tax
|Investment Period||10 Months|
|Total Capital Return||9.1%|
|Projected Total Return*||9.1%|
|Projected Total Annualised Return*||11.0%|
*Capital Return figures are based the pre-agreed redemption price of £1.091 per Redeemable C Share and the Redemption date set at 10 Months after the investment start date.
|CrowdLords Risk Rating|
|Macro Location & Market||C|
|Level of Development||A|
|Landlord Track Record||A|
* The Risk Return Profile is a subjective assessment made by CrowdLords based on the information provided by the LandLord. Investors should make their own assessment of Risk & Reward before investing
We include a CrowdLords Risk Rating to illustrate where the investment lies on our Risk Return Profile. Where risks are higher it is usual to expect a higher return and this is designed to aid quick comparisons only. It is our opinion only and should not be taken as a recommendation. You should judge the Risk for yourself using the information provided and your own investigations to form your own opinion.
We rate Risk across 5 parameters and grade them as being A, B, C, D or E. A being lower Risk. The five areas we grade are:
With this Investment, CrowdLords has the role of Managing Investor and is responsible for managing the property as the LandLord.
In these instances, CrowdLords has a small equity stake in order to accommodate the legal structure, and we retain income in the SPV to provide a buffer when it comes to the exit.
We use Complete RPI, a specialist letting service, to manage and let the property on our behalf. When it comes to the end of term, we arrange the sale through a local agent. Post sale, when Investor shares have been redeemed, then we are also responsible for closing down the SPV.