181 West Heath Road, London
Property Investment Information
THE OPPORTUNITY
Project Summary - Development comprising four luxury townhouses in Hampstead, LondonShare Price - £2,000
Raise Amount - £1 Million - £2 Million
Number of Shares Issued - 500 - 1,000
Projected Return on Investment - 50%
Expected Completion Date - October 2018
Note: This project will go ahead when the minimum amount has been reached.
THE PROJECT
This is a development comprising of four luxury
townhouses in Hampstead.
The developers, East Eight and London Central Developments have a contract to develop the
freehold site, which is owned by a charity.
They will fund the development of the four
residential units and in return we have a contract for sale of two units (total
approximately 6000 sqft Net
Internal Area).
Planning permission has been granted by
Barnet Council to demolish the existing buildings and construct 4 x 4 bedroom 3
storey new homes each with basement rooms, roof terraces at the rear and two
parking spaces.
The site consists of a main two storey building with a small basement, and single storey outbuildings along its boundary with the rear gardens of houses on Finchley Road. The buildings are in a poor state of disrepair and have been vacant for a number of years. The last lawful use of the site was for the purposes of a school. The surrounding area is entirely residential in character.
The site consists of a main two storey building with a small basement, and single storey outbuildings along its boundary with the rear gardens of houses on Finchley Road. The buildings are in a poor state of disrepair and have been vacant for a number of years. The last lawful use of the site was for the purposes of a school. The surrounding area is entirely residential in character.
PLANNING PERMISSION
Planning permission has been granted by Barnet Council to demolish the existing buildings and construct 4 x 4 bedroom 3 storey new homes each with basement rooms, roof terraces at the rear and two parking spaces. Full details of the planning application can be found HERE Furthermore, the planning decision is available for download under the 'documents' section.
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West Heath Road
181 West Heath Road, London
£1,000,000
of £1m
55
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100% Funded
0 hour left to fund
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