This offer is being presented by the well known family of developers, BEAUMONT HOMES, based in South Gloucestershire. They have over 30 years experience and a well established track record of successful developing in this area. Beaumont Homes are also a second generation developer, who has traded through three recessions and has never failed to complete a project*.
In conjunction with LEOpropcrowd, Beaumont Homes are keen to accept investors wishing to learn about property development and offer a behind the scenes look at a project from start to finish.
The project is to build 10 Apartments on land beside the United Reformed Church on Whitefield Road.
Planning permission has been granted by Bristol City Council for 10 no. two bedroom apartments (Bristol City Council Planning reference 19/04291/F). With planning in place, work can commence immediately on the purchase of the property. This opportunity has a projected GDV of £2,355,000 calculated using agent quotes and recent comparables.
The land will be placed in a special purpose vehicle (SPV) - BEAUMONT (Argyle) LTD which has been incorporated specifically for this purpose. The SPV is raising £400,000 against a forecast return on investment of 37% for investors over 18 months.
*Past performance is not a reliable indicator of future results.