New build development of 28 detached and semi-detached houses

GDV: £6,426,000

Work on site commenced: June 2016

Status: Under construction

Investor return:
Fund Raise/Phase 1- 10-12% (all phase 1 investor capital has been repaid as of 20th May 2019)
Fund Raise/Phase 2- 10%

Investors capital repaid: We commenced paying phase 1 capital January 2019 – we are continuing to repay capital as sales progress and investors are emailed when it is their turn to have their capital returned. All phase 1 investors have been repaid their capital by 20th May 2019.  Please note sales of some of the earlier units have been used to fund the final work on the site in order to not have another fund raise.

Sales update: as of Mid May 2019 9 plots are sold and 9 reserved. New marketing material is being released with the agents following the turfing to the front gardens.  10 are left to sell as of mid-May 2019.  We have also instructed new agents – Haybrooks and Fine and Country have been appointed as of the start of April 2019.

All building work is complete as of end of start of May 2019, with just some road sealing and landscaping to be completed.

May 2019 Build Update

-Currently awaiting on certification sign off from the council. Gas, electricity, water etc.

April 2019 Build Update

– all houses are now structurally complete

– the builders are attending to some landscaping and top tarmac to roads is due to be laid by mid-April 2019

March 2019 Build Update:

– As a whole the site is being managed well and progress is continuing to steam ahead

– We are scheduled to finish on site mid-April 2019

– Currently negotiating the implementation of turf on the site

– 5 houses remain to be carpeted

– Work on programming the gate has begun

February 2019 Build Update:

– 13 homes completed and doors locked. A number still waiting on kitchens but are otherwise complete.

– The wall at the front entrance to the build is now complete. The gate is now installed.

– Street lighting has now been installed.

– Formation of gardens is ongoing

January 2019 Build Update:

-The show house is now completed.

-The majority of plots are nearing completion. 10 of the plots are awaiting kitchens and bathrooms.

-The front entrance wall/gate is under construction.

-Road and driveways complete.

-Formation of gardens ongoing.


Most Recent Development Image: