Nottingham

Nottingham

Originator: propertypartner

Nottingham, East Midlands, NG1 Address: 3 flats in Marco Island Building type: 3 Unit Block Tenure: Leasehold

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Product Description

This property has been fully funded and is not currently available for investment. We are in the process of completing the purchase at which point it will move to our Resale market.

View a short video from our Director of Property on why this is a great investment.

A design inspired by cruiseliners, a huge sun deck, and panoramic views over Nottingham – Marco Island is just 500m from the centre of town. Popular with young professionals, these 3 flats deliver a strong yield. Home to many important businesses; Boots, Experian, and Capital One, being but a few, the Nottingham economy is strong and should support rental and capital values going forward.

  • The investment comprises 3 out of 430 flats in Marco Island, Nottingham and is geared at 50% loan-to-value (LTV) of the purchase price. Gearing gives enhanced exposure to property price movements, and the potential for amplified returns; though investors must note amplified negative returns if prices fall.
  • There is a significant discount reflected in the purchase price of these properties, which we have secured by bulk-purchasing them at an RICS Investment Value (bulk price) of £753,000 versus the RICS Vacant Possession Value (break-up price) of the individual units of £825,000. Please note that future quarterly revaluations will be based on the Investment Value.
  • By purchasing the properties at their investment value as opposed to their break-up value, investors will benefit from a higher net dividend yield than would be achieved by purchasing individual units.
  • The area has a strong demand for centrally located, high quality rental accommodation, driven by the professional talent pool created from the two well-known universities in the city. Our properties are a mere 10 minute walk to the city centre and the renowned ‘Lace Market’.

Robert Weaver

Director of Property
Global Director of Residential Property at RBS
Fund Manager, running £500m residential portfolio at Invista Real EstateMember of the British Property Federation’s Residential Committee

Ed Wray

Non-executive Director
Co-founder, Betfair
Non-executive director of Funding Circle and LMAX Exchange
Vice President J.P. Morgan & Co

Neil Rimer

Non-executive Director
Co-founder, Index Ventures
Non-executive director of companies including Funding Circle and Stack Exchange
Board member of Human Rights Watch

Thomas Remmert

Chief Architect
20 years’ experience in scalable web development
Technical Due Diligence advisor for Octopus Ventures
Architect of Comdirect Bank’s online trading system

Jo Oliver

Non-executive Director
Director at Octopus Ventures
Non-executive director of companies including SwiftKey and Amplience Managing Director, Oliver Woodworth (property development company)

Justin Hubble

General Counsel
General Counsel and Director of Legal & Compliance at Betfair
Betfair from startup to IPO
Over 20 years as a lawyer in private practice and in-house

Nick Hagen

COO
Sports Operations Director at Betfair
COO Sports Betting at GTECH

Daniel Gandesha

Founder and CEO
Corporate Venture Capital at Sky Plc
M&A advisor at Sky Plc and KPMG
Chartered Accountant and FCA Authorised Person

Warren Bath

CFO
M&A Director at Sky Plc
Investment Banking Advisory at Morgan Stanley
Chartered Accountant



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Investors: 884

About Property Partner

Property Partner is a crowdfunding and investment platform that makes it possible for anyone to invest in residential property at the click of a button. Investors can buy shares in individual properties or residential blocks, for as little or as much as they like. Property Partner finds the tenants and professionally manages the properties. Investors receive rental income in proportion to the shares they own and, through our unique secondary market, can exit their investment at a time and price of their choosing.
Property Partner is the trading name of London House Exchange Limited, a private company registered in England and Wales under registration number 08820870 and at registered office 71 Queen Victoria Street, London EC4V 4AY, United Kingdom

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