PropertyMoose
Property Moose
Premium Member
Property Moose is a property crowdfunding platform which allows individuals from around the world to invest in UK property from just £10.
Minimum Investment: £10
Rate Payable: Fixed return of 10% net p.a.
Security: Second legal charge
Estimated Repayment Date: Upon the end of the 12-18 month term
This is an opportunity to invest in a 10% net p.a. secured fixed return loan note, which will help enable the purchase, development and sale of a mixed-use site in Bristol, England. The site comes with full planning permission, in addition to potential further planning gain. We anticipate that the project will take 12 to 18 months to develop and exit. We are offering investors the opportunity to earn a fixed return of 10% net per annum, which will be paid on redemption.
The total LTGDV (Loan to Gross Development Value) is 27% calculated on the development base case. PMF D1 will hold a second legal charge. Should the property not sell during the 18-month period, the loan will remain in place where you are due to receive full interest until the development has been exited. The site currently consists of a shop on the ground floor which has a long lease of 5 years to a cycle retailer, which began in June 2015.
On the first and second floors, there is full planning permission to convert the space into two large, one bedroom flats. These works are approximately 75% completed. Additionally, to the rear of the property, there is further planning permission to create a two-bedroom coach house producing a total projected Gross Development Value (GDV) of £925,000.
The works are planned to be completed by a renowned local building contractor who is already in place and has started preparation works on the site. Subject to the approval of additional planning permission, which is currently submitted and pending, there is further scope for an increase in GDV for the scheme. By liaising with the planners, the developer has made three more planning applications, which, if successful, will act to increase the value of the development.
The minimum investment for this opportunity is £10. Please click on the image below to view the investment brochure, a guide to investing in Bristol, the scheme guide and the independent appraisal.
Disclaimer and Legals
Property Moose does not provide any advice in relation to investments and you must rely on your own due diligence before investing. Please remember that property prices can go down as well as up and that all figures, rates and yields are projections only and should not be relied on. If in doubt, please seek the advice of a financial adviser. Your capital is at risk if you invest. This post has been approved as a financial promotion by Resolution Compliance Limited.
Property Moose is a trading name of Crowd Fin Limited which is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (no: 574048).
Minimum Investment: £10
Rate Payable: Fixed return of 10% net p.a.
Security: Second legal charge
Estimated Repayment Date: Upon the end of the 12-18 month term
This is an opportunity to invest in a 10% net p.a. secured fixed return loan note, which will help enable the purchase, development and sale of a mixed-use site in Bristol, England. The site comes with full planning permission, in addition to potential further planning gain. We anticipate that the project will take 12 to 18 months to develop and exit. We are offering investors the opportunity to earn a fixed return of 10% net per annum, which will be paid on redemption.
The total LTGDV (Loan to Gross Development Value) is 27% calculated on the development base case. PMF D1 will hold a second legal charge. Should the property not sell during the 18-month period, the loan will remain in place where you are due to receive full interest until the development has been exited. The site currently consists of a shop on the ground floor which has a long lease of 5 years to a cycle retailer, which began in June 2015.
On the first and second floors, there is full planning permission to convert the space into two large, one bedroom flats. These works are approximately 75% completed. Additionally, to the rear of the property, there is further planning permission to create a two-bedroom coach house producing a total projected Gross Development Value (GDV) of £925,000.
The works are planned to be completed by a renowned local building contractor who is already in place and has started preparation works on the site. Subject to the approval of additional planning permission, which is currently submitted and pending, there is further scope for an increase in GDV for the scheme. By liaising with the planners, the developer has made three more planning applications, which, if successful, will act to increase the value of the development.
The minimum investment for this opportunity is £10. Please click on the image below to view the investment brochure, a guide to investing in Bristol, the scheme guide and the independent appraisal.
Disclaimer and Legals
Property Moose does not provide any advice in relation to investments and you must rely on your own due diligence before investing. Please remember that property prices can go down as well as up and that all figures, rates and yields are projections only and should not be relied on. If in doubt, please seek the advice of a financial adviser. Your capital is at risk if you invest. This post has been approved as a financial promotion by Resolution Compliance Limited.
Property Moose is a trading name of Crowd Fin Limited which is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (no: 574048).
