{"id":437,"date":"2023-03-14T15:33:42","date_gmt":"2023-03-14T15:33:42","guid":{"rendered":"https:\/\/propconnections.co.uk\/?post_type=property_investments&#038;p=437"},"modified":"2024-05-16T13:20:08","modified_gmt":"2024-05-16T13:20:08","slug":"st-johns-street-manchester-2","status":"publish","type":"property_investments","link":"https:\/\/propconnections.co.uk\/property_investments\/st-johns-street-manchester-2\/","title":{"rendered":"St Johns Street - Manchester"},"content":{"rendered":"\n<p>Located in the heart of the city, the property is a modern office occupying a prominent position on the corner of St John Street and Deansgate. There is valid planning consent to convert the existing 1st &amp; 2nd floor into residential apartments with the addition of two further floors to create 11 apartments. The developer is seeking an equity investment of \u00a31,200,000 for a 50% share of profits. ROI 28%<\/p>\n\n\n\n<p>This excellent apartment development is one not to be missed. The developer seeks an equity investment of \u00a31,200,000 (\u00a3600,000 now remaining - August 2023) in return for an equity spilt of 50% of profit. The investment funds will be secured via preferred equity shareholders agreement. Over an 18-month period. Capital funds will be returned to the investor from the sale of the apartments. The development is expected to take 16 months. The specification will be a high end luxury finish to achieve the highest sales price and be a desirable development for those wishing superior city living.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Located in the heart of the city, the property is a modern office occupying a prominent position on the corner of St John Street and Deansgate. There is valid planning consent to convert the existing 1st &#038; 2nd floor into residential apartments with the addition of two further floors to create 11 apartments. The developer is seeking an equity investment of \u00a31,200,000 (\u00a3600,000 now remaining - August 2023) for a 50% share of profits. ROI 28%<\/p>\n","protected":false},"featured_media":441,"parent":0,"menu_order":0,"template":"","completion_status":[6],"investment-category":[],"class_list":["post-437","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\/437","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\/441"}],"wp:attachment":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media?parent=437"}],"wp:term":[{"taxonomy":"completion_status","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/completion_status?post=437"},{"taxonomy":"investment-category","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/investment-category?post=437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}