0 Bed Property For Sale

** Joint Venture Investment Opportunity **. "Barnstaple Residential Transformation Development Opportunity"

Project Snapshot
- Location: Bear Street, Barnstaple (EX32 7DX)
- Scheme: Conversion of existing house into 6 high-spec apartments + construction of 3 new-build 3-bed terraces with parking, green areas and a courtyard.
- Market: Strong Growth Demand: North Devon rural markets outpace national trends, with substantial capital growth in 5 years.

Financials
- Total Development Cost: 1.35m
- Gross Development Value (GDV): 2.05m
- Development Interest: 103,000
- Development Equity: 150,000
- Senior Debt: 1.2m
- Forecast Profit: 580k

Exit Strategies:
1. Sell all 9 units on the open market
2. Hybrid: Sell 3 terraces, refinance 6 apartments as income stock
3. Refinance all 9 units as income-producing stock.

Investment Terms
- Capital Required: 150,000
- Term: 12 months
- Return to Investors: 2025% per annum
- Security: 2nd charge / debenture over SPV
- Exit: Repayment upon sale or refinance

The Team
- Lead Developer: George Capsalis experienced in property development, structured finance, and project delivery across the UK and West Africa
- Senior Lender: Hampshire Trust Bank indicative 1.3m facility approved
- Delivery Partners: Mode Construction, Woodward Smith Architects, and Metro Ltd contractors with track record in residential and commercial schemes.

Why Invest?
Prime Barnstaple location with strong Buy-to-Let and Short-Let demand
GDV uplift: 2.05m vs 1.35m cost base
Attractive secured returns (2025% p.a.)
Multiple exit strategies to protect investor capital.

For further details or to discuss participation, please contact.