Investors paid 52.40p per share in the New Listing for this property, and it became available on the Resale market January 5th 2017.
These 4 new build flats located in Stevenage are at the heart of a £250m regeneration area and just 24 minute direct train journey to London Kings Cross. Stevenage is one of the top 10 most affordable commuter towns in the country, and so is poised for strong growth potential. These flats are offered with gearing to enhance dividend yield and potential capital returns. View a short video from our Director of Property on why this is a great investment.
- The investment comprises 4 out of 73 flats in this new-build block 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.
- By purchasing these flats at their Investment Value as opposed to their Vacant Possession Value, investors will benefit from a higher net dividend yield than they would achieve by purchasing individual flats.
- The property is located 550m from Stevenage railway station, which offers a 24 minute direct journey to London Kings Cross. The area should continue to be attractive to professionals who are willing to commute to have more living space.
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
Non-executive director of Funding Circle and LMAX Exchange
Vice President J.P. Morgan & Co
Co-founder, Index Ventures
Non-executive director of companies including Funding Circle and Stack Exchange
Board member of Human Rights Watch
20 years’ experience in scalable web development
Technical Due Diligence advisor for Octopus Ventures
Architect of Comdirect Bank’s online trading system
Director at Octopus Ventures
Non-executive director of companies including SwiftKey and Amplience Managing Director, Oliver Woodworth (property development company)
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
Sports Operations Director at Betfair
COO Sports Betting at GTECH
Founder and CEO
Corporate Venture Capital at Sky Plc
M&A advisor at Sky Plc and KPMG
Chartered Accountant and FCA Authorised Person
M&A Director at Sky Plc
Investment Banking Advisory at Morgan Stanley
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