GCV's The Langtons project in Tees Valley offers investors an opportunity to gain from the development of 11 luxury homes, targeting a 1.2x return over 12 months amidst a rising demand for upscale residences.
Information on the Target
The Langtons is a premier residential development project situated in the picturesque village of Redmarshall, Tees Valley. This scheme, the fourth launched by GCV and executed by Homes by Carlton, presents an investment opportunity in the construction of eleven luxury homes. The site is designed to cater to affluent buyers looking for spacious four and five-bedroom residences in a tranquil setting.
Facilitated through the special purpose vehicle (SPV), 'Homes by Carlton Development Company (Redmarshall) Limited', this investment attracted £450,000 in equity funding from GCV's private investor network. The project aims to fulfill a growing demand for luxury housing in an area that has seen little development in over two decades.
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Industry Overview in the Target’s Specific Country
The residential property market in the United Kingdom, particularly in regions like the North East of England, is characterized by a robust demand for high-quality, family-oriented housing. The Tees Valley area, with its
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GCV
invested in
The Langtons
in 2022
in a Other deal
Disclosed details
Transaction Size: $1M
Equity Value: $1M