Warwick Square, Pimlico, London, SW1V 2AL
Warwick Square, London. Redevelopment and Lease Extension Opportunity
Warwick Square, Pimlico, London, SW1V 2AL
£230,000
of £205k
13
Current Investors
112.20% Funded
0 hour left to fund
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THE
OPPORTUNITY
Project Summary - Development opportunity in Warwick Square, Pimlico, London
Share Price - £1,000
Total Raise - £205,000 to £420,000*
Number of Shares Issued - 205 to 420
Projected Return on Investment - 40%
Expected Completion Date - August 2017 to February 2018 - Subject to Sale
*Please note that this project will go ahead when the minimum raise total has been reached.
THE PROJECT
To redevelop this apartment to bring out its real potential with contemporary and flattering design. To add more value by managing a lease extension as well.
THE PROPOSAL
Phase 1: Purchase within 4-6 weeks from March 2017.
Phase 2: Serve section 42 notice immediately once exchanged as part of exchange phase - for lease extension. Start full refurbishment works including setup as 2 bed from 1 bed. Both in a time-frame of 3-4 months.
Phase 3: Sell on the market as a 2 bed with 143 years lease (standard term of Leases are 125 years)
Project Summary - Development opportunity in Warwick Square, Pimlico, London
Share Price - £1,000
Total Raise - £205,000 to £420,000*
Number of Shares Issued - 205 to 420
Projected Return on Investment - 40%
Expected Completion Date - August 2017 to February 2018 - Subject to Sale
*Please note that this project will go ahead when the minimum raise total has been reached.
THE PROJECT
To redevelop this apartment to bring out its real potential with contemporary and flattering design. To add more value by managing a lease extension as well.
THE PROPOSAL
Phase 1: Purchase within 4-6 weeks from March 2017.
Phase 2: Serve section 42 notice immediately once exchanged as part of exchange phase - for lease extension. Start full refurbishment works including setup as 2 bed from 1 bed. Both in a time-frame of 3-4 months.
Phase 3: Sell on the market as a 2 bed with 143 years lease (standard term of Leases are 125 years)
Phase 4: Sales marketing to start by July 2017. Priced at £1400 p/sqft.
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