We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Monson Mews - 4x 2 Bed BTLs



We currently have no video available for this pitch.

An opportunity for Investors looking for above average capital growth to invest in 4x, 2 Bed apartments in a purpose built block in Lincoln City Centre.

The apartments were acquired as part of a trade-in and rather than selling them now, the owner would like to retain them for a further 3 years and is seeking investors to join him.

All four properties are let under ASTs at a monthly rent of £550 and will be purchased at a price that is 23% below current market value. The strategy is to hold all four units for 3 years and to improve the monthly rental to current values. The flats will be managed by specialist agent Complete RPI who are confident they can achieve these increases.

The investment is leveraged at 55% LTV, and whilst this suppresses the annual income, it does optimise the capital growth.

Investors will receive Ordinary Class B shares which entitle them to their share of 95% of income after costs, paid annually in arrears and 75% of their share of capital growth, combining to give a projected total return of 42.7%.


View on CrowdLords businessagent.com may earn a commission from partners

not enough data

Please sign in or register to businessagent.com to comment on this pitch.

Sign In Register

Other pitches in Housing and Property


  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph