Site address: 26
Road, Bromley, BR1 4JL
Scheme : Demolition
of existing bungalow and erection of a three floor storey building which
comprises 6-8 units (mixer of 1
and 2 beds)
with private and communal gardens.(.i.e.
Ground floor – 1 x flat, First floor – 6
x flats, Second floor – 1 x flat)
Planning: To be submitted
Target Project Length: 24 months.
Projected Net Fixed Return After Corporation Tax:
12% per annum
Minimum investment: £1,000
Projected GDV: £2,141,761
Help to Buy Scheme: Will be available
Shares: Investors who invest in the property will be issued with shares in a Special Purpose Vehicle (SPV), Stellar Hillbrow Limited is with registration no 11203836.The loan is ranked in 2nd place behind the senior lender.
For more information, please refer to the full presentation which can be found in the 'Supporting Documents' below.