Fixed Return Investment - Jewellery Quarter, Birmingham

Posted by Shojin Property Partners on 30th October 2019 -

Shojin Property Partners are pleased to present a prime opportunity to invest into a mixed-use development scheme in the centre of Birmingham. Situated within the Jewellery Quarter, an area of Birmingham rich in culture and history, the site is perfectly placed for quick and easy access into the city centre. 

The site is currently occupied by a vacant Listed Building constructed in 1870 and an adjacent car park. Full planning permission is in place for the conversion of the Listed Building into 6 x 2 bed apartments and 1 x office unit and the construction of a new wing on the adjacent car park comprising 3 x 3 bed town houses and 3 x office units.

PROJECT VIDEO

Please click here  https://youtu.be/aUcOjAlhWtI to see our video for more details about the project.

PROJECT HIGHLIGHTS

Full planning permission is in place and the project is ready to commence. The Developers come together to produce a well-rounded team with a strong background in real estate and construction.

The project embodies the history of the Jewellery Quarter by converting and refurbishing a listed building originally constructed in the 19th Century and bringing it back to its former glory by revitalising the building and reinstating lost architecture through replacing the roof and installing a replica of the former turret. 

Occupying a B1 postcode, the project brings together history, culture and a strong city centre location to produce a brilliant mixed-use scheme in an extremely popular area of Birmingham, and once completed will appeal to a wide range of end users.

Investors will provide their funds in the form of a mezzanine loan – a secured loan which attracts a high fixed interest rate. 

Your investment will earn an interest rate of 5% per annum equivalent, until the project funding is drawn down to the developer. The legal documentation surrounding this investment has been finalised and we expect completion to take place in approximately 2 week’s time.

FINANCIAL SUMMARY

• Expected GDV: £4.6m

• Expected total costs: £3.8m

• Expected profit: £690k

• Profit on cost margin: 18%

• Timeframe: 18 months

• Total mezzanine requirement: £464k

• Fixed annualised return: 15% per annum

• Minimum investment: £5,000