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 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.
|Legal & Professional Fees||N/A|
|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|
|Gross Sales Price||£146,280|
|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%|
|Projected Total Return||11.0%|
|Fixed Total Annualised Return||11.0%|
|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.