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West Heath Road

181 West Heath Road, London

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THE OPPORTUNITY


Project Summary
 - Development comprising four luxury townhouses in Hampstead, London
Share Price - £2,000
Raise Amount - Up to £1M
Number of Shares Issued - Maximum - 500
Projected Return on Investment (pre-tax) - 31%
Expected Completion Date - Construction - December 2019. Project Completion - October 2020.  Further details in the investment presentation.

Note: This project will go ahead when the minimum amount of £250,000 has been reached. 

THE PROJECT


This is a development comprising of four luxury townhouses in Hampstead. The developers, East Eight and London Central Developments have a contract to develop the freehold site, which is owned by a charity. They will fund the development of the four residential units and in return we have a contract for sale of two units (total approximately 6000 sqft Net Internal Area).Planning permission has been granted by Barnet Council to demolish the existing buildings and construct 4 x 4 bedroom 3 storey new homes each with basement rooms, roof terraces at the rear and two parking spaces. 

The development is underway and this raise is a follow-on to a previous raise through this platform.

PLANNING PERMISSION   

Planning permission has been granted by Barnet Council to demolish the existing buildings and construct 4 x 4 bedroom 3 storey new homes each with basement rooms, roof terraces at the rear and two parking spaces.   Full details of the planning application can be found HERE  Furthermore, the planning decision is available for download under the 'documents' section.

The documents provided for the original raise are available under the 'documents' tab of the original 'West Heath' project.  You can access this project from the homepage.

ABOUT THE DEVELOPERS 

EAST EIGHT



Set up by Nicole Bremner in 2012, East Eight is a high-end investment management and property development company initially focused on the niche area around E8. Nicole’s first major London development was a dilapidated 4000sqft vicarage in De Beauvoir and she has since developed numerous sites in the area. 

East Eight now invests and develops sites across London, however E8 still remains Nicole’s favoured area.



LONDON CENTRAL DEVELOPMENTS 



As the development partner of East Eight, London Central Developments (LCD) is a joint venture between Nicole Bremner and seasoned property developer Avi Dodi. Together they develop stunning properties across London that people aspire to live in. Design is at the forefront of LCD’s developments. Working with carefully selected design partners, LCD creates buildings that are architecturally unique and imposing. LCD’s strength is maximising the development potential of a site. Nicole and Avi enjoy the challenge of a property with planning issues, working together with planners to create residential and commercial developments that maximise usage and enhance the local area.  


181 West Heath Road, London