106A Derby Road, Loughborough
Derby Road, Loughborough
106A Derby Road, Loughborough
£17,900
of £12.5k
51
Current Investors
143.20% Funded
0 days left to fund
Already have an account?
LOG IN TO INVEST
THE OPPORTUNITY
Project Summary - Planning gain to convert from commercial to 16 bed en-suite cluster apartmentsShare Price - £100
Raise Amount - £12,500 to £20,000
Number of Shares Issued - 125 to 200
Projected Return on Investment - 50%
Expected Completion Date - 4 to 9 months
*This is a high risk, potential high return project. If initial planning is not obtained, we will return to the Local Planning Authority considering their reasons for refusal. If overall planning is not granted after re-submission, the option on the site will not be exercised and investors will lose their whole investment.
Any shortfall between the minimum and maximum investment amount will be up by the developer.
THE PROJECT
The project is to gain full planning permission to convert the existing commercial property to 16 en-suite bedrooms to serve the student
market
The site is legally secured with an Option Agreement and a full planning was submitted on 18 June 2018 (awaiting planning reference)
The funds raised will pay for the planning application and associated expenses
The site is legally secured with an Option Agreement and a full planning was submitted on 18 June 2018 (awaiting planning reference)
The funds raised will pay for the planning application and associated expenses
LEARN WHILST INVESTING
This project offers a learning element. The developers and Lead Investor will be hosting site visits and webinars and will be providing monthly updates as the project progresses. This is an opportunity to learn about planning gain and the planning process.
ABOUT THE DEVELOPERS
DEEPAK RAJPUT - Director of Nexus Property Developments SPV1 Ltd
Deepak has over 17 years’ experience in the property business. His experience includes:
KIRAN RAJPUT - Director of Nexus Property Developments SPV1 Ltd
Kiran has been an Executive PA for over 18 years. She is a highly organised person who possesses a broad range of skills and experience as outlined below:
JOHN COREY - Property Fortress, Lead Project Advisor
John has over 35 years’ experience of property investing in the US and over 25 years in the UK.
RYAN ASTILL - Astill Planning Consultants
Ryan is a Chartered Town Planner with a Master’s degree in Town & Country Planning. Serving a variety of sectors including residential, retail and commercial.
Astill Planning Consultants’ particular areas of expertise are:
ADRIAN BELLINGHAM - Covest Architecture
Adrian has over 10 years of experience in the area of architectural design, and over 20 years experience working for blue chip building products manufacturers. The company now specialises in delivering a market leading professional design services to residential clients, builders and developers.
Covest Architecture’s particular areas of expertise are:
DEEPAK RAJPUT - Director of Nexus Property Developments SPV1 Ltd
Deepak has over 17 years’ experience in the property business. His experience includes:
- Portfolio Landlord (Buy-to-Let, HMOs, Rent2Rent, mixed use – commercial and residential)
- Property Developer (new builds, commercial to residential conversions and planning)
- Deepak was a fully qualified electrician and registered with ELECSA Part ‘P’ and managed his own electrical contracting business serving both the residential and commercial sectors
KIRAN RAJPUT - Director of Nexus Property Developments SPV1 Ltd
Kiran has been an Executive PA for over 18 years. She is a highly organised person who possesses a broad range of skills and experience as outlined below:
- Budgetary control
- Expense mitigation
- Liaising with multiple stakeholders
- Compiling clear and concise stakeholder documentation
- Ability to communicate with all levels of management
- People and staff management
- Organising events, meetings, travel plans worldwide
- Regulatory adherence, confidentiality and compliance eg GDPR
JOHN COREY - Property Fortress, Lead Project Advisor
John has over 35 years’ experience of property investing in the US and over 25 years in the UK.
- Lead investor on a number of crowd funding campaigns
- Extensive IT-compliance background and speaker on the FCA regulations affecting Joint Ventures
- Speaker at UK property networking events
RYAN ASTILL - Astill Planning Consultants
Ryan is a Chartered Town Planner with a Master’s degree in Town & Country Planning. Serving a variety of sectors including residential, retail and commercial.
Astill Planning Consultants’ particular areas of expertise are:
- Intimate knowledge on planning matters and issues within county of Leicestershire
- Local and national planning policy
- Negotiation of Planning Obligations
- Representation at Planning Committee
- Discharging conditions
- Providing advice on enforcement issues
- S106 negotiations
ADRIAN BELLINGHAM - Covest Architecture
Adrian has over 10 years of experience in the area of architectural design, and over 20 years experience working for blue chip building products manufacturers. The company now specialises in delivering a market leading professional design services to residential clients, builders and developers.
Covest Architecture’s particular areas of expertise are:
- Planning and designing of multi-let dwellings (HMOs and student accommodation)
- Maximisation space to create both functional and commercially viable layouts.
- Thorough knowledge and understanding of matters such as LACOR’s and RLA minimum room size requirements.