OVERVIEW: Development Project
CurationTech Holding Ltd, are delighted to announce the launch of their latest project: Wates House, Fareham, near Portsmouth.
CurationTech is mainly focused on residential developments, but also targets new build houses/apartments and warehousing projects. Hand-in-hand with this is the achievement of planning permission to proceed with these developments.
This latest project is the renovation of an existing Commercial Building into 26 apartments with planning permission already in place for the project.
Wates House, occupies a generous plot with excellent onsite car parking facilities. Internally, the building is configured with generous office accommodation over two floors, and includes toilet facilities, lift and stairwell meaning all necessary utilities are available on site.
Fareham is situated on a picturesque coastline, providing a unique opportunity to explore a rich heritage of both maritime and national history, peaceful woodland walks, conservation areas plus an attractive safe coastline. With a history reaching far beyond Roman times to modern day heritage for the new millennium, from countryside to coast, Fareham has a variety of interests for everyone.
Wates House is located to the north of Fareham town centre and is within walking distance of pubs and restaurants in the historic High Street and indoor shopping precinct and Leisure Centre. Fareham offers excellent transport links to London (approx. 80 miles by road), is situated between the major cities of Portsmouth and Southampton, close to major road networks, and also has easy access to ferry ports of Southampton, Portsmouth and the Isle of Wight.
The development consists of the conversion of an existing commercial to 26 no. apartments in a mix of Studio, Duplex, 1 and 2 bed layouts ranging from 398 sq ft to 775 sq ft. The work will take approximately 15 months, with planning permission already in place.
Investor(s) receive an estimated 20% ROI on £400,000 which equals £80,000, representing 6.55% on the projected profits, estimated to be £1,222,010 based on the value of the property once redeveloped.
Investment in property related assets puts your capital at risk and returns are not guaranteed. Please read the full risk warning on this site before deciding to invest.
Investor(s) receive a projected 20% ROI on £400,000 which equals £80,000, representing 6.55% on the projected profits, estimated to be £1,222,010 based on the value of the property once redeveloped.
The £400,000 equity raise will form a pot of funds to be used as working capital during the development of the site. The minimum raise has been set at £200,000 with the maximum raise at £400,000.
There are three potential exit options, which could be used in conjunction with each other potentially on an apartment by apartment basis:Investment in property related assets puts your capital at risk and returns are not guaranteed. Please read the full risk warning on this site before deciding to invest.