Voyager House, Poole, England

Successful exit

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Voyager House, Poole, England 2017-10-17T15:26:54+00:00

Project Description

Acquisition of an office building, renovating it and turning it into a building with 45 apartments averaging 46-85 sqm in size, alongside office space, followed by later resale of the apartments and office. Construction is executed with top finishing, according to modern design standards and trends.

Voyager House 257-253 High Street North, Pool, UK

Year launched

2014

Equity raised

£2,275,000

Expected duration

14 Months

Actual duration

15 Months

Achieved return

14.80%

Property investments are illiquid, and past performance is no indication of future success

About the neighborhood

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Voyager House is located in Poole, part of the Dorset county, about two hours’ drive from London. The city is well known for being a tourist attraction and hometown of Bournemouth University of the arts, Bournemouth orchestra, a large part of Bournemouth University.

About the developer

The Edgewater Group specialises in acquisition of property, renovating and reselling it. It has great experience in project management including planning, leasing, and accounting, which allows it to provide full all-included services to the properties it acquires.

The opportunity

Acquisition of an office building, renovating it and turning it into a building with 45 apartments averaging 46-85 sqm in size, alongside office space, followed by later resale of the apartments and office. Construction is executed with top finishing, according to modern design standards and trends.

Other projects by the developer