Información General

  • TIR%: 8
  • CoC%: 8
  • Mínimo: 0 GBP
  • Tipo de financiación: -
  • Tipo de bien: -
  • Inversores: 378
  • Fecha de Inicio: 2019-11-29
  • Fecha de Fin: -
  • Objetivo: 210k GBP
  • Completado: 100%

Información Adicional

  • Hillside Road
  • TN34 2QY
  • Hastings
  • Hastings
  • Reino Unido

This is a single phase raise where CrowdProperty has agreed a total facility of £210,000 to develop a plot in Hastings, East Sussex. The Agreement is structured as a straightforward Development loan. On this loan the Lenders will receive interest at the end of the loan term at a rate equivalent of 8% per annum. The loan term is 12 months. The project is located on Hillside Road in Hastings, East Sussex, TN34 2QY. Hastings is a coastal town approx 15 miles North-East of Eastbourne and 55 miles south of London. It has a population of circa 93,000. The plot is located 1 mile north of the town centre, and 3 miles North of Hastings train station, which provides a circa 1 hour 15 min train journey to London. Road connections to the north are via the A21 and East/West via the A259/269. There are several primary and senior schools within 5 miles. The site area is 263m2 (0.065 Acres). The site is currently under construction, having been set up and works commenced. Planning permission has been granted for the Erection of new 3 bedroom detached dwelling with two parking spaces, on the former garden at 229 Hillside Road, with vehicular access to the rear. Once the construction is completed the property will provide a single detached house with a GDV of £350,000 The plot is already owned by the borrower and the planning consent was approved on the 28th March, 2019 by Hastings Borough planning reference: HS/FA/18/00710

Proyecto ofrecido por

CrowdProperty

Gane 8%p.a. en declaraciones aseguradas de primer cargo, libres de impuestos a través del CrowdProperty ISA.

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