A pretty Cheshire Village development is offering double-digit returns for P2P Investors
Peer-2-Peer lending platform CapitalStackers is inviting investors for a prestigious development of 8 highly desirable detached houses which are expected to yield up to 16% returns with extremely attractive LTV ratios.
The development is sited a short walk from the 18th century market town of Malpas, Cheshire – a friendly village community within commuting distance of Chester and Wrexham, and close to the Bishop Heber High School, which Ofsted rated outstanding.
A number of listed buildings dotted around the immediate area (including the grade 1 Church of Saint Oswald), lend the site a rare traditional charm – and since the developer has in-house design capability, each of the homes can be partially bespoke to the purchasers’ requirements, which has sparked early interest from buyers and sites being already reserved off-plan.
The Gross Development Value of the scheme is £5.1m, with Royal Bank of Scotland providing the senior funding of £1.58m.
This leaves considerable room for CapitalStackers investors, with returns pegged at between 10.3% and 16.9% over a maximum investment term of 24 months and with corresponding Loan to Value ratios of 55% to 73%. CapitalStackers investors will be ranked as a second charge behind RBS on the development site, and first charge on additional property.
The development will naturally appeal to a broad spectrum of investors, from pension funds to those with a higher risk-and-reward appetite, so early involvement is recommended, with a minimum investment of £5,000.
CapitalStackers managing director Steve Robson said: “We have a team of seasoned, highly experienced bankers and real estate professionals and have created the ideal platform for property investment, development and construction.”
NOTE: Investment through CapitalStackers involves lending to property developers and investors. Your capital is at risk. Investments through this and other peer to peer lending platforms are not covered by the Financial Services Compensation Scheme.