Harold Place
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£470,600.00
/
331,929 shares available in the market
29.5% funded
/
70.5% shares on market
UOWNERS Return
14.05%
Est Completion Date
01/2021

Harold Place is located 0.7 miles away from the University of Leeds and is situated in the desirable student area of Hyde Park. The development opportunity is to convert a commercial and residential unit into three self-contained 3 bedroom homes. The building works will be completed in time for the new 2020/21 academic year, ensuring that the new properties can be let out. Finally, the property will be sold enabling the exit for the UOWN crowd. The project term is 12 months and the projected return is 14.05%.

On the edge of Leeds City Centre, Hyde Park is within a stone’s throw of the university district. Due to its location and a significant number of bars and arts venues, Hyde Park has proved to be hugely popular with students throughout the city. The development is being delivered by The Parklane Group, who have 40 years experience in property market.

Good Transport Links
High Yields
Student Property

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Figures
Details
Total project costs
£480,252.50
Build Costs
£154,000.00
+
Purchase Costs
£283,100.00
+
Other Costs
£43,152.50
-
Sales Agent Fees
£9,652.50
=
UOWNERs Contribution
£470,600.00
Details
GDV
£643,500.00
-
Total Project Costs
£480,252.50
=
Total Profit
£163,247.50
=
UOWNER's Profit
£66,115.24 (14.05%)
Location
32-34 Harold Place, LS6 1PQ