Unregulated Property Loans in Kidlington, Hands-Off

The opportunity seeks unregulated property funding for a defined project. Investors should review the proposed security, loan term, annual return, project costs and exit arrangements before making any commitment.
This deal is suitable for hands off investors, suitable for investors with limited time or for overseas investors.
This deal has planning permissions approved by the local authorities to complete the proposed works in line with their regulations.

6 Flat Development in Kidlington:

Sourced Partner James Preston is working in partnership with Oxfordshire Living Developments to complete a 6 flat development project in Kidlington, Oxfordshire.

James and Oxfordshire Living Developments Ltd is pleased to present an exclusive investment opportunity to participate in the acquisition and high-specification redevelopment of 6 flats in Kidlington. The project encompasses the conversion and refurbishment of existing stone-built residential premises into six luxury, high-demand flats in prime Oxfordshire.

Project Timeline:
Month 1 - Acquisition
Month 2-6 - Build phase
Month 7-12 - Phased Sales release and completions

Investment financials:
Required Investment: £275,000
Minimum Investment: £25,000
Interest Return: 13% Per Annum
Security: Business Loan or Equitable Charge
Repayment upon refinance.
Loan Term: 12 to 24 months

Development Financials:
Purchase Price: £950,000
Purchase Costs: £47,500
Refurbishment Costs: £353,200
GDV: £1,928,000
Money Left in: £0
Profit: £400,105
ROCE: 74%
Gross Yield: 16%

Financial Information
Purchase price: £900,000
Current value: £950,000
GDV: £1,928,000
Refurb/works cost: £353,200
Total investment: £275,000
ROI: 13%
ROCE (%): 13%
Term: 12-24 months
Minimum investment: £20,000