Charlton Road

214 Charlton Road, Bristol, BS15 1LX

£146,000
of £146k
5
Current Investors
100% Funded
0 days left to fund
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Capital is at risk and returns are not guaranteed.
THE OPPORTUNITY

Project summary -
 Acquisition, remodel and title split of a block of 4 flats 
Share price - 
£1,000
Raise amount - £90,000 - £146,000
Number of shares issued - 
90 - 146 
Projected annualised return on investment - 32%
Expected time to complete works - 
8 months

NOTE:  
This project will go ahead as long as the minimum raise amount is reached. If you are unsure about what this means, then please contact us for further clarification.

PROJECT DETAILS
  • This project proposes the acquisition of a block of 4 flats on a single freehold, with the aim to split into leaseholds and sell as individual flats
  • As part of the refurbishment of the flats, we will remodel three of the flats, turning two studios into 1-beds and a 1- bed into a 2-bed maisonette
  • Projected ~32% annualised return on investment for investors pre-tax (~21% over 8 months), based on selling flats at ~8% below market value
  • The property is located in Speedwell / Kingswood, an Eastern suburb of Bristol with its own high street and identity
  • The area is popular with young single professionals working in Bristol, as well as people working in the local area
  • Cossham Hospital is within a 5 min walk as is local shopping, and Kingswood high street is ~13 min away
  • The nearest bus stop is 3 min away, and takes 35 mins to Bristol city centre or 18 mins by bicycle 
  • The property is located on a hill across from a large park, with views over the park and into the city
DEVELOPER PROFILE - THOMAS ESKEBAEK: 

  • Significant experience with 8 property projects in the past 2 years 
  • Managing Director of Century Spaces, which specialises in conversions and developments of 10+ units 
  • Engineer by training with Master ’s Degree in Computer Science and Software Engineering 
  • Background running small businesses and working with start-ups 
  • Recent corporate experience as Business Manager / Chief-of-Staff to the President of Eight Roads, Fidelity International’s proprietary capital fund 
  • Further, Private equity experience from Hg Capital and broke record for fastest promotions at Bain & Company

214 Charlton Road, Bristol, BS15 1LX