{"id":280,"date":"2023-02-07T14:05:35","date_gmt":"2023-02-07T14:05:35","guid":{"rendered":"https:\/\/propconnections.co.uk\/?post_type=property_investments&p=280"},"modified":"2023-09-25T13:20:31","modified_gmt":"2023-09-25T13:20:31","slug":"limefield-steadings","status":"publish","type":"property_investments","link":"https:\/\/propconnections.co.uk\/property_investments\/limefield-steadings\/","title":{"rendered":"Limefield \u2013 Steadings"},"content":{"rendered":"\n
Located within a semi-rural area of West Lothian, close to Livingston. Benefiting from ongoing investment and development, situated close to public infrastructure such as schools, hospitals, and shopping centres. Edinburgh is 15 miles to the East, and Glasgow 35 miles to the West. Both are accessible by main road, or rail. The developer is seeking 75% of all acquisition and professional costs, in exchange for 37.5% equity and profit in the project. The developer will put in the remaining 25% equity with their own funds.<\/p>\n\n\n\n
This excellent development sits within a sort after commuting Town to both Edinburgh and Glasgow. Planning is approved for the redevelopment of existing courtyarded Steadings Building into 6 residential units, 4 offices, and 8 new build detached homes. The Developer has secured the site under a conditional contract to purchase. Exit A: Open market sale. Exit B: OPS of new build, re-finance and letting of Steadings Exit C: Block sale to local authorities Time Scale: 24 Months build + 6 Month sales<\/p>\n\n\n\n
The developer is seeking 75% of all acquisition and professional costs, in exchange for 37.5% equity and profit in the project. They will place the remaining 25% equity with their own funds. Investors. Net ROI 82%<\/p>\n\n\n\n