Your capital is at risk and investments are not covered by the Financial Services Compensation Scheme (FSCS). Read our full Risk Warning.

Nessun Dorma

Nessun Dorma, Willaston, Cheshire, CH64 1RT

£0
of £351k
0
Current Investors
0% Funded
0 days left to fund
REGISTER TO INVEST

Already have an account?

LOG IN TO INVEST


THE OPPORTUNITY

Project Summary - Refurbishment of existing house and 2 new builds.  Plus another 3 houses, subject to planning
Share Price - £750
Raise Amount - £300,000 to £351,000

Number of Shares Issued -  400 to 468
Projected Return on Investment - 30% to 98% (latter subject to receiving enhanced planning)
Expected Completion Date – Dec 2019

The minimum target for this project is set at £300,000.  Any remaining amount to the £351,000 will be made up by the developer.

THE PROJECT

This is the second crowdfund project from the Developers, Magnus Developments through the platform.

The development has now exchanged and ground works have already commenced which has been funded by the developer Magnus Developments. The site still has the original dwelling along with a vast dog kennel facility which will be removed.

The Planning currently allows for refurbishment of the current 5 bedroom property and erection of two more luxury homes.

The developers have sought council advice and have gained a pre-application response to develop a further 3 detached properties making a total of 6 luxury houses on the site.   The site is located in the very popular and desirable countryside area of Willaston.


LEARN WHILST INVESTING

This project offers a learn whilst investing element, of which further details will be provided in the coming days.


MAGNUS DEVELOPMENTS



Greg Pope (above) along with his Wife Abigail founded the Magnus Group back in 2015 after personally developing and amassing a property portfolio of their own. The key was to develop property along with providing property services for other like minded people who may be seasoned professionals or new to the property market. 

The estate agency side of the business is flourishing and is profitable with strong market presence in the northwest area of the UK. 

The development arm of the business specialises in semi commercial and commercial conversions to residential dwellings concentrating on a higher finish for the end user.  Previous developments have included conversions of Victorian buildings into self-contained apartments, multi-let sites along with commercial, office and residential units. A steady growth in studio apartment sites has become to be a strong model for the company. A natural progression for Greg and the team has led them to securing multiple new build sites across the north west which will add to their development portfolio.



Nessun Dorma, Willaston, Cheshire, CH64 1RT