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Your capital is at risk and investments are not covered by the Financial Services Compensation Scheme (FSCS).

Property Investment Information

East Eight & London Central Developments, Hackney Road Development

201-203 Hackney Road, London

£1,550,000
of £850k
25
Current Investors
182.35% Funded
0 days left to fund
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*THIS PROJECT WILL OPEN FOR INVESTMENT AT 12PM ON TUESDAY 13TH JUNE*

THE OPPORTUNITY

Project Summary - Former B1 commercial recording studio in Hackney - Demolish and rebuild
Share Price - £1,000
Raise Amount - £850,000 to £1,550,000
Number of Shares Issued - 850 - 1,550
Projected Return on Investment 
55% to 69%
Expected Completion Date - 
November 2018

Note: This project will go ahead when the minimum amount has been reached. 
Details of the projected return breakdown can be found in the Investment Presentation that is available for download.

THE PROJECT

This site benefits from existing planning permission to demolish and rebuild the current building, enlarging the plot with a rear extension to the boundaries and adding an additional roof level.   

The existing site covers 5,997sqft/557.2sqm. Current planning is for just under 5,600sqft of residential space on the first, second and third floors divided over five apartments (three x 2-bed and two x 3-bed) and nearly 5,000sqft of B1 office commercial space across the ground and basement floors.

Planning can be viewed on Hackney Council website
Application no. 2014/3123.

The developers are going back to planning for an additional half level and to increase the number of units.  
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201-203 Hackney Road, London

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Note, you need to have completed the full registration process to access this information.