106A Derby Road, Loughborough
Derby Road, Loughborough
106A Derby Road, Loughborough
£17,900
of £12.5k
51
Current Investors
143.20% Funded
0 hour left to fund
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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.
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