{"id":273,"date":"2023-02-06T16:28:45","date_gmt":"2023-02-06T16:28:45","guid":{"rendered":"https:\/\/propconnections.co.uk\/?post_type=property_investments&#038;p=273"},"modified":"2023-09-25T13:20:07","modified_gmt":"2023-09-25T13:20:07","slug":"borough-road-middlesborough","status":"publish","type":"property_investments","link":"https:\/\/propconnections.co.uk\/property_investments\/borough-road-middlesborough\/","title":{"rendered":"Borough Road, Middlesborough"},"content":{"rendered":"\n<p>Located within a few minutes walk to the towns shopping centre and Teesside University campus, which is in short supply of dedicated student accommodation. With over 21,000 students enrolled and very little available accommodation the Developer plans to develop 29 student rooms split into 3 freehold title properties. The ROI would represent \u00a337,000 net income pa and \u00a3185,000 equity.<\/p>\n\n\n\n<p>This excellent Office conversion development sits close to the town centre and Teesside University campus. The developer seeks an equity investment of \u00a3525,000 in return for 49% shares of the project. The predicted GDV is \u00a31,500,000 upon refinance which would represent \u00a337,000 net income pa and leaving \u00a3185,000 equity within the project with a capital returned to you \u00a3340,000 \u2022 Target net return on investment of 18% Programme &amp; Costs \u2022 Timeline 15 months from acquisition to exit.<\/p>\n\n\n\n<p>Due to the property\u2019s central location in Middlesborough the Developer could adopt multiple strategies for this project should they encounter any issues with the desired student accommodation. These are explained within the information memorandum.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Located within a few minutes walk to the towns shopping centre and Teesside University campus, which is in short supply of dedicated student accommodation. With over 21,000 students enrolled and very little available accommodation the Developer plans to develop 29 student rooms split into 3 freehold title properties. The ROI would represent \u00a337,000 net income pa and \u00a3185,000 equity.<\/p>\n","protected":false},"featured_media":275,"parent":0,"menu_order":0,"template":"","completion_status":[6],"investment-category":[],"class_list":["post-273","property_investments","type-property_investments","status-publish","has-post-thumbnail","hentry","completion_status-completed"],"acf":[],"_links":{"self":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/property_investments\/273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/property_investments"}],"about":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/types\/property_investments"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media\/275"}],"wp:attachment":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media?parent=273"}],"wp:term":[{"taxonomy":"completion_status","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/completion_status?post=273"},{"taxonomy":"investment-category","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/investment-category?post=273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}