Bramble Street, Derby
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: Beckett House
Address: Derby
Property type: Flat - Purpose built
Property age: 2000+
Market type: Young proffesionals
Description: Beckett House (now known as Bramble Court) consists of 13 high quality one and two bedroom flats right at the heart of a vibrant regional city. This unit is a two bed apartment located on the ground floor that was purchased by the SPV direct from the Developer at a heavily discounted price. Read more.
Derby has seen property prices underperforming over the past twenty years when compared with the rest of England & Wales, however, they are improving and it is felt that the significant regeneration schemes along with other recognition of its potential e.g. its identification as a 'Top 25 European City of the Future by fDI, will help the local property market to catch-up with the national average.
Beckett House is situated in Derby, in the county of Derbyshire. As England's most central city, Derby boasts a series of high grade transport systems. Its rail network offers direct services to a number of destinations including London, Nottingham, Birmingham, Sheffield, Newcastle and Cardiff, with several bus operators servicing the whole of the city and out to neighbouring areas.
The development is located close to the Derby ring road allowing onward access by car to the A38, A52 and A50 trunk roads and in turn the motorway networks. It's also just 10 miles from East Midlands Airport which provides over 95 direct flights worldwide.
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 | £107,000 |
| Stamp Duty | N/A |
| Legal & Professional Fees | N/A |
| Refurbishment Budget | N/A |
| Contingency Allowance | £400 |
| CrowdLords Fees | £1,000 |
| Total Fund Required | £108,400 |
| 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 |
| Market Growth** | £2,645 |
| Gross Sales Price | £117,645 |
| Contingency Fund | £550 |
| Sales Costs | -£2,271 |
| CL Growth Fees | £0 |
| Gross Profit | £7,524 |
| Corporation Tax | -£1,420 |
| Net Profit | £6,104 |
| Projected Total Capital Return | 5.6% |
| Share of Growth Paid to Investors | 100% |
| Capital Return to Investors | £5,998 |
| Projected Capital Return to Investors | 5.6% |
*The stated Gross Development Value is based on the current sales values achieved within the area for similar new build, 2 bed flats.
**Market Growth has been taken into consideration with an estimation of 4.6% as per Savils forecasts
| Investment Period | 6 Months |
| Market Appreciation | 1.4% |
| Discounted Price | 4.2% |
| Income | 0% |
| Total Return | 5.6% |
| CrowdLords Risk Rating | |
| Investment Period | A |
| Macro Location & Market | C |
| Micro Location | C |
| 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.
Have a question? If the info above doesn't help, you can ask the pitch creator directly.