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Don’t invest unless you’re prepared to lose money. This is a high risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

June 2024
21
days
left
June 2024

The closing is the 14th June 2024, invest by then to start earning interest from w/c 17th June 2024.

Chalkwell Avenue

Earn 17% p.a. interest, paid monthly. Secured on property. ISA eligible.

Interest
17%
per annum
Invest from:
£100
Choice of term:
14 months
Repayments:
Monthly
Investment type:
P2P Loan
Target raise:
£388,448
Amount raised:
£280,596

Repayments of interest

Interest is paid on the capital invested in accordance with the stated Repayments. The capital is repaid as a lump sum at the end of the term.

Chalkwell Avenue Loans, ISA eligible, P2P investment, offering 17% p.a. return, interest paid monthly.

Chawkwell Nova Ltd would like to borrow a total of £388,448 via a PDL loan to finance the construction of an apartment block at Chalkwell Avenue, Westcliff-on-Sea, Essex. The Loan is classed as a PDL Develop product because the funding will be used to part finance the project through the construction phase of the project.

How investing in the Chalkwell Avenue P2P investment works

The investment offers 17% p.a. over a 14 month term with interest paid monthly and principal invested repaid at the end of the term. The funding will be mezzanine funding to top up senior lending from Acre Lane who are providing a total of £2,506,790. Together with the PDL Develop the Loan to Gross Development Value (LTGDV) is 75.10%.

Giving you better security on your investment

The investment benefits from multiple layers of security. First, a second ranking debenture over the assets, property, and undertaking of the Borrower.


Second, a second ranking legal charge over the Property of the Borrower.


Third, there will be a personal guarantee provided by the Guarantor(s).

Finally, the principal amount of the aggregate of all Loans and the loan advanced by the Senior Lender used to fund the development, is not greater than 76% of the Gross Development Value and 90% of the Loan to Cost of the property development.

 

So how much interest will I receive?

It’s simple – if you invest £1000 (for example) you receive £14.17 interest monthly and capital at the end of the 14 month loan term. Interest is paid directly into your account on the Crowdstacker P2P platform or your bank account. Take a look at our interest calculator below to work out what your specific investment could yield.

 

Can I hold my investment tax efficiently?

At Crowdstacker we offer two accounts which offer you tax efficient benefits:

Crowdstacker Innovative Finance ISA - pays interest gross and allows you to earn interest tax-free. You can invest up to £20,000 in this tax year 2024/25.*

Crowdstacker P2P Account - pays interest gross and is eligible for up to £1,000 tax-free interest under the Personal Savings Allowance.*

 

*Please note tax benefits are subject to your own personal tax status.

 

More about the development

The site is a corner plot on a popular road. It needs to be cleared and then construction on the brand new building will commence. The design has been formulated to both complement the other turn of the last century residential properties which make up the largest proportion of neighbouring buildings, as well as providing an attractive modern aesthetic to appeal to potential buyers. The site is a short walk away from London Road, which is a busy thoroughfare offering a range of shops, cafes, restaurants and other amenities. It is also only a short walk from the sea front and specifically Chalkwell Beach. Chalkwell Park is only a couple of minutes walk away and this provides further green space as well as tennis courts and a cricket club.

 

More about Crowdstacker

Crowdstacker is an award-winning P2P investment and ISA provider, bringing you handpicked investments, many of which offer a social or community benefit.

Please note the target raise will be filled on a first come first-served basis.

Your capital is at risk when you lend to businesses.

June 2024
Next closing: Friday 14 June 11pm

The closing is the 14th June 2024, invest by then to start earning interest from w/c 17th June 2024.

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The finer details

Six great reasons to lend to Chalkwell Avenue Loans.

 

Security - How secure is my investment?
Security

How secure is my investment?

Rate of interest - What interest rate will I receive?
Rate of interest

What interest rate will I receive?

Payment frequency - How often will I receive interest?
Payment frequency

How often will I receive interest?

Term - How long is the investment for?
Term

How long is the investment for?

Opportunity - What is the market opportunity?
Opportunity

What is the market opportunity?

Benefits - Are there any added benefits?
Benefits

Are there any added benefits?

Do the maths

Enter your investment amount from £100
to see how much you could earn

If I invest

Returning

RateRepayingPayment FrequencyLoan Term
17.00%interestmonthly14 months

I could earn

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