Poland Street

Former abandoned office building in the heart of London, transformed into nine stunning apartments

INVESTMENT OVERVIEW

Development Profit: £1,500,000
£1,500,000

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Purchased in December 2014 at a cost just short of £12.5Million this previously abandoned office block is located on Poland Street in the heart of London’s thriving Soho district.

The building itself is a beautiful example of mid-20th-century architecture which the developer converted into just nine ultra-luxury apartments including a stunning penthouse with 360-degree views over central London, the River Thames and beyond.

The project cost a little over £3million to complete and delivered a profit of £1,538, 429.

PROJECT DETAILS

Raise Details for
Poland Street

project COSTS
Building purchase 12.5 million
Conversion costs 3 million
Total cost 15.5 million
RAISE DETAILS
Senior debt 10.1 million
Equity capital raise 5.4 million
project return
Target GDV

17 million


Project profits

1.5 million


Working with Store House London has been a great and profitable experience. The Margate project was presented by Jamie and it was a very easy decision to invest. I invested £125,000 and enjoyed a return of 15% per annum.

Paul Hodge
Store House London, Margate

The Spitalfield project was something close to my heart as I was brought up in the area. Having known Jamie for many years I knew my investment would be safe. So it proved and a healthy return of 15% was realised upon completion

Joseph Downey
Store House London, Spitalfields

Very professional company. I admit to being sceptical at first but have now invested in two Store House projects. £85,000 invested with a 12.5% ROI

Martin Pask
Store House London, Shoreditch

As an investor, I’m all about the return. Did my DD on Store House and was satisfied they would complete on time and to the promised standard. Happy and now a regular investor having seen returns on average of 14.5%

G. Bryce
Store House London, Bromley
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