Holbeck Haus
Complete
£200,000.00
/
0 shares available in the market
100.0% funded
/
0.0% shares on market
UOWNERS Return
12.96%
Est Completion Date
08/2020

Holbeck Haus is a development opportunity located in Leeds that is projected to generate a 12.96% return for the UOWNERs in 6 months. The development comprises of 17 apartments.

The developer has already pre-sold 13 of the 17 apartments with the buyers contracted to buy on completion of the build. Furthermore, the build programme is at an advanced stage with the majority of work already completed on site. The remaining work is expected to take a further two months and budgeted at a total cost of £200,000. The presale of some the apartments coupled with the build programme being at an advanced stage means that a lot of development risk associated with the project has been mitigated making this a compelling opportunity for an investor who is looking for a shorter term, hassle free project.

Good Transport Links
Prime City Centre Location
Regeneration Area

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Figures
Details
Total project costs
£1,935,000.00
Construction Costs
£1,280,000.00
+
Land
£205,000.00
+
Other Costs
£450,000.00
-
Finance and Developer Contirbution
£1,735,000.00
=
UOWNERs Contribution
£200,000.00
Details
GDV
£2,086,659.00
-
Total Project Costs
£1,935,000.00
=
Total Profit
£151,659.00
=
UOWNER's Profit
£25,920.00 (12.96%)
Location
Holbeck Haus, 87 Top Moor Side, LS11 9LH