Appleton Gate, Newark
Funded
Total Fund
*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
Address: Newark
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.
| Purchase Price | N/A |
| Stamp Duty | N/A |
| Legal & Professional Fees | N/A |
| Development Costs | N/A |
| Redemption Value | £69,580 |
| CrowdLords Fees | £3,479 |
| Total Investment | £73,059 |
| Other Shares | £30,425 |
| 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 |
| Market Growth** | £4,600 |
| Gross Sales Price | £119,600 |
| Retained Income | £1,790 |
| Sales Costs | -£2,295 |
| Cl Growth Fees | £0 |
| Gross Sales Proceeds | £18,611 |
| Corporation Tax | -£3,536 |
| 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 |
| Income Return | 0% |
| 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 | |
| Investment Period | A |
| Macro Location & Market | C |
| Micro Location | B |
| Level of Development | A |
| Landlord Track Record | A |
| Overall | 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.
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