Project: Becontree Avenue, Dagenham (Tranche 2)
PLMD Group is a Full Service Property Investment Firm. With more than 15 completed projects and 10+ years experience and extensive knowledge of local land development regulations, PLMD has developed a proven track record of residential-led property development on the outskirts of London. They are offering the crowd an income investment opportunity to potentially benefit from a rental share of the completed development, Becontree Avenue, Dagenham.
Becontree Avenue sits well within PLMD Group's modus operandi
and offers fully refurbished units, both commercial and residential, in an up and coming area, providing good rental yields and potential return on investment.
Project DetailsBecontree Avenue, Dagenham is a high quality development comprising a 3-storey new build, mixed-use development incorporating a commercial unit.
The commercial unit sits across the Ground floor, with the nine self-contained apartments from Ground to 2nd floor. Extending to a total net saleable area of 5,710ft, the flats benefit from individual off-street parking spaces, roof garden and solar panels. The development was completed in December 2020 and is currently fully rented.
Project LocationIn the heart of London Borough of Barking and Dagenham, the development has a prominent position on Becontree Avenue in Chadwell Heath.
The area is filled with residential and commercial use properties, with many shops and amenities nearby. The nearest station is Chadwell Heath which is located around 0.6 miles (circa 10 mins walk) to the north of the site, offering Crossrail/Elizabeth Line services into Central London.
Currently, journey times to Liverpool Street are circa 27 minutes, although this will be reduced to circa 23 minutes (with Bond Street accessible in 31 minutes).
Investment & ExitThe project is offering the Crowd Investors a projected 24% over 24 months or 12% annual projected return on their initial investment.
12% per annum on the £180,000 equity investment is £21,600 and this figure is 45% of the projected rental income, which is estimated to be £48,306 per annum. Therefore, Investors will receive a projected 12% ROI or 45% rental income profit share.
By way of Exit:
One or more of these exits may be used in combination and may or may not be actioned in the order listed above, to achieve the aim of paying back the investors.
- PLMD Group would revalue the development and request further borrowing from the lender and benefit from capital appreciation.
- The units in this development or another development to be sold individually to pay back investors.
- The raising of additional finance on PLMD Group existing portfolio of properties.
Investment in property related assets puts your capital at risk and returns are not guaranteed.