UOWNERS Return
15.00%
Project Length
11 mos
UOWN is teaming up with The Parklane Group to convert an old bakery building into 12 one-bedroom flats. The Parklane Group has secured the site and has planning permission in place, as well as bank finance secured. UOWN is raising £400,000 from the crowd.
Investors will own equity in the development alongside The Parklane Group. The flats will be sold to owner occupiers: mainly first-time buyers and professionals rather than overseas investors. Project completion is expected in quarter-one 2020 making the term 11 months. Projected return to investors in this project is 15%.
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UOWN is a trading name of U Own Exchange Limited. UOWN, 3rd Floor, Northgate, 118 North Street, Leeds, LS2 7PN
House prices can fall as well as rise and you may not get back all of the money you invest. Rates of return quoted on our website are estimates only and are not guaranteed. Investments are not protected under the Financial Services Compensation Scheme.
For more details please see our in-depth risk statement.