Village Street
Complete
£65,188.00
UOWNERS Return
21.20%
Term
7 Months

11 Village street is an HMO refurb opportunity in Leeds. UOWN are raising £65,188 from the crowd for the refurbishment and fit out of the property, which will enable the property to be converted from 4 bedrooms to 6 bedrooms. By increasing the number of bedrooms we intend to achieve capital uplift from the increased rental capacity of the property. We will then aim to tenant the property for the 2019/20 academic year and the property is planned to be sold on the open marketplace in 2019 ensuring the exit for the UOWN crowd and the developer.

Download the investment brochure from the documents tab to find out more. The brochure has detailed information on the opportunity, including financials, project timeline, and market analysis.

High Capital Appreciation
Student Property

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Figures
Details
Total project costs
£275,188.00
Construction Costs
£62,688.00
+
Site Value
£210,000.00
+
Legal & Professional
£2,500.00
-
Developer's Contribution
£210,000.00
=
UOWNERs Contribution
£65,188.00
Details
GDV
£310,000.00
-
Total Project Costs
£275,188.00
=
Total Profit
£34,812.00
=
UOWNER's Profit
£13,821.96 (21.20%)
News
Aug 14, 2019

We have now paid out a 21.2% return, significantly beating our projected return of 14.99%. This was due to an achieved sales price of £320,000, compared to a projection of £310,000.

Mar 14, 2019

The property has now been listed for sale with an estate agent in Leeds. You can see the listing here

Location
11 Village Street, LS4 2PR
Floorplan