Vicarage Farm Rd, Peterborough
*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: Varity House
Property type: Flat - Purpose built
Property age: 2000+
Market type: Young proffesionals
Description: Varity House comprises 97, one and two bedroom, apartments with parking. Set within landscaped grounds, this stylish conversion is conveniently located just a mile from Peterborough City Centre. Read more.
Despite lower than national average growth in recent years, Peterborough is going through a renaissance with values expected to increase steadily over the coming years. Situated just 80 miles north of London it is building a reputation as a long term sustainable growth area.
Already a key player within the 'London-Stanstead-Cambridge-Peterborough corridor' - a priority growth area defined by CLG - Peterborough has attracted a number of high profile businesses that have begun relocating to the area. Eight years into a fifteen year £1 billion redevelopment, the City's transformation grows from strength to strength; and this has resulted in significant rental demand which currently outweighs supply by around 2:1.
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 Equity to Be Issued||£99,097|
|Less Finance & Deposits||£N/A|
|Remaining Funds Required *||£N/A|
|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|
|Projected Net Profit||£17,098|
|Share of Equity held as Class C Shares||66.4%|
|Share of Growth Paid to Class C Shares***||42.3%|
|Capital Return to Investors||£7,237|
|Projected Capital Return to Investors||11.0%|
*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 11.0% which equates to 42.3% of Projected Net Profits after Tax
|Investment Period||1 Year|
|Total Capital Return||11.0%|
|Projected Total Return||11.0%|
|Projected Total Annualised Return||11.0%|
|CrowdLords Buy-to-Let 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.