Development Profit: £3,500,000
Robert Street in WC2 boasts an illustrious history, once being the site of magnificent Adelphi Terrace which fronted the River Thames with its elaborate arches supporting the first purpose-built apartments and Chambers in London.
As you can see from the images the exterior is a magnificent example of neo-Georgian Stucco architecture, however, in 2015 the building housed bland office space. We and the developer had other plans.
Over an intense build period in a location where access was difficult at best and council rules can never be overcome, 10 stunning apartments were created, complete with the highest specification fixtures and fittings, synonymous with this developers work. Also, a single four storey townhouse, one of only a handful of river fronting properties of its size.
The apartments and house were sold well before completion generating a profit of half a million pounds.
Raise Details for
|Building purchase||23.5 million|
|Equity capital raise||1.5 million|
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
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.
I have complete confidence that Accumulate sources locations for development that display clear future growth potential. With my personal experience of debt or equity investments, I always insist on being absolutely sure that the numbers stack up before committing my capital and Accumulate has shown consistently that this is the case with all their development projects. Accumulate operates with complete transparency and I am able to easily monitor my investments with them by logging on to my personal account via their portal. From here I can book site tours or view on-site videos so that I really feel I am fully engaged with my investments at all times. I am a very satisfied investor.
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
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%
I first invested in Riverside Place after a long time of looking for opportunities in the London property market. It has been a very valuable relationship, with me being redeemed in full from my investment last month. I have particularly liked the fact that I was informed of progress onsite throughout my investment term. I feel that Accumulate has a good eye for a deal and so I didn’t hesitate to reinvest in their Cheyne Walk project in Chelsea. I have full confidence that my money is in good hands with Accumulate Capital.