The offer is accepted, awaiting Head of Terms (HoT). Incl. Stamp Duties etc
This figure is in line with the comparable from the previous schemes sold in the area
We work closely with partners & wholesalers to source materials to reduce our build cost
Conservative return based on £960/sq ft sale price and build cost of £300/sq ft
The following scenarios illustrate different entry points for the investment.
The total estimated returns (42% of the total project return) will be distributed to all the investors
| If you invest | % of Investment | Return on Investment | % ROI | IRR |
|---|---|---|---|---|
| £100,000.00 | 3.95% | £42,415.22 | 42.42% | 21.21% |
| £200,000.00 | 7.89% | £84,830.43 | 42.42% | 21.21% |
| £300,000.00 | 11.84% | £127,245.65 | 42.42% | 21.21% |
| £400,000.00 | 15.79% | £169,660.87 | 42.42% | 21.21% |
| £447,075.00 | 17.65% | £189,627.83 | 42.42% | 21.21% |
| £500,000.00 | 19.74% | £212,076.08 | 42.42% | 21.21% |
| £586,350.00 | 23.14% | £248,701.62 | 42.42% | 21.21% |
| House Unit | Floor | House Type | Int SQ F | No of Rooms | Sales Value |
|---|---|---|---|---|---|
| 1 | LGF | Flat | 2582 | 3 | £2,478,720.00 |
| 2 | GF | Flat | 2357 | 3 | £2,262,720.00 |
| 3 | GF | Flat | 2336 | 3 | £2,242,560.00 |
| 4 | 1st | Flat | 1905 | 3 | £1,828,800.00 |
| 5 | 1st | Flat | 1905 | 3 | £1,828,800.00 |
| 6 | 2nd | Flat | 2606 | 3 | 2,501,760.00 |
| Investment Amount | £2.5m |
|---|---|
| Tenure | 24 Months (12 Months build and 12 months to sell) |
| Projected GDV (validate) | £13,143,360.00 |
| Project Expected Total Profit | £2,291,323.34 |
| Return Type | Waterfall Return distribution |
| Tier 1 Return Hurdle 5 | 5.3% |
| Tier 2 Return Hurdle | The investment will have 40% equity of the project and Profit |
| Exit Plan for the Project P | Preferred Option: Outright sale of the units after completion Option 2: Refinance and Retain the units for rentals |
A new SPV will be created between EC & the Investor’s entity
| SPV Name | Flinders Residences Ltd (Registered) |
| SPV Ownership (Optional) | Elveden Capital Ltd & the Investor(s) will have a joint ownership of the SPV Elveden Capital will be the Ultimate Beneficiary Owner for loan purposes |
| Loan Amount | £7,886,016.00 |
| Loan Structure | Elveden Capital will have the full responsibility to source the Loan
|
| Board of Director (Optional) |
|
| Investor’s Tax Liability | Investor(s) will be responsible for their tax obligations. |
| Capital Distribution |
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