Unregulated property loans in Hailsham
About this property
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.
Tesco Express Development in Hailsham:
Sourced Partner James Preston is working in partnership with Forty Ten Property Group and we are pleased to present an exclusive investment opportunity to participate in the development of a plot of land in Hailsham, which is going to be developed into a Tesco Express. Tesco's have already signed a 15 year lease at £100,000 per annum.
Investment financials:
Land Purchase Price: £300,000
Current Land Valuation: £450,000 due to leasehold agreement increased to £100,000
Development Costs: £700,000
Construction Timelines: up to 12 months
GDV: £1.675 Million
Required Investment: £250,000
Minimum Investment: £25,000
Interest Return: 13% Per Annum
Head Funder already secured
Security: Business Loan
Repayment upon sale.
Loan Term: 12 months
Option to buy the full investment at the end of the development
References available on request
Sourced offer a comprehensive property wealth building package in one place;
- Sourced Investment Agents - Sourcing investment opportunities for you,
- Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
- Sourced Finance - Access specialist property lending and mortgages, created for investors.
- Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.
For further information, get in touch.
Financial Information
Purchase price: £300,000
Current value: £450,000
GDV: £1,675,000
Refurb/works cost: £700,000
Total investment: £250,000
ROI: 13%
ROCE (%): 13%
Term: 12
Minimum investment: £25,000
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.