The Gallop, Croydon
Property Investment Information
Property Type – Residential Bungalow
Project – Extension and subdivision into 2x semi-detached homes
Investment Required – £280k*
Minimum Investment Amount - £5k
Share Price – £5k
Projected Return On Investment – 37%**
Project End Date (Development and Final Exit) – Dec-23
Project Going Ahead - The developers will purchase the site with their own funds if required
* All investments carry risk and projections are not a reliable indicator of future performance. Investment losses are not covered by the FSCS guarantee.
** If planning is not obtained, then the projected ROI becomes 2%
The developers intend to divide this large house into 2x semi-detached properties and sell the homes when completed. The developers will follow the precedent set and have applied for full planning permission to extend and subdivide the bungalow that is being purchased. In the event planning is not achieved the existing bungalow will be extended under Permitted Development, adding an additional floor and rear ground floor extension.
Planning is in place for the projected worst case outcome (2%) and the developers await full planning approval for the projected 37% outcome.
Further details are available in the Investor Memorandum on the Documents tab.