Development Loan
Burley Refurbs 2
69 Beechwood View, Leeds
Funded
100.0%
Remaining
£0
- Location
- 69 Beechwood View, Leeds
- Property type
- Loan
- Expected return
- 12.0% p.a.
- Term
- 10 months
About this investment
UOWN are raising £160,000 from the crowd for the refurbishment and fit-out of three properties. These two-bedroom properties will have basement refurbishments to increase the number of bedrooms, as well as renovations of the upper floors. The properties are planned to be sold to the owner-occupier market.
This project will pay a 12% per annum return, and this will be rolled up and paid upon completion. We expect the project to take ten months - resulting in a 10% return. Building works will start in July 2022 and are expected to last four months, after which we have allowed a further six months to sell the properties. The diversified nature of this investment spreads the risk and mitigates against lower returns.
Important information
Your capital is at risk and returns are not guaranteed. Property investments are illiquid — your money may be locked up until the property is sold or refinanced.