Vicarage Farm Rd, Peterborough
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: Varity House
Address: Peterborough
Property type: Flat - Purpose built
Property age: 2000+
Market type: Young professionals
Description: Varity House comprises 97, one and two bedroom apartments with parking. Set within landscaped grounds, this stylish conversion development is conveniently located just a mile from Peterborough City Centre and was completed in July 2016. Read more.
Despite slower than national average growth in recent years, Peterborough is going through a renaissance with values expected to grow 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, a number of high profile businesses 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.
Purchase Price | £125,675 |
Stamp Duty | N/A |
Legal & Professional Fees | N/A |
Contingency Allowance | £1,325 |
CrowdLords Fees | £1,000 |
Total Fund Required | £128,000 |
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* | £138,000 |
Market Growth** | £8,280 |
Gross Sales Price | £146,280 |
Retained Income | £1,402 |
Sales Costs | -£2,629 |
Corporation Tax | -£2,974 |
Projected Net Profit | £14,080 |
Projected Total Capital Return | 11.0% |
Share of Growth Paid | 100% |
Capital Return to Investors | £14,080 |
Projected Capital Return to Investors | 10.6% |
*The stated Gross Development Value is based on the current sales values achieved within the area
**Market Growth has been estimated but it does not impact the return because of the pre-agreed Share Purchase Price.
Investment Period | 12 Months |
Discounted Sales Price** | 6.6% |
Market Appreciation | 4.5% |
Income Return* | 0% |
Projected Total Return | 11.0% |
Fixed Total Annualised Return | 11.0% |
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.
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