Paid Back in Full

London Road, Tunbridge Wells, TN4 0PN

JVIP (Kent) Ltd

Please note, for this project, pledges will be limited to a maximum of £0 until 10.05am. After 10.05am, you can create pledges larger than £0 or increase the size of your pre-existing pledge. This is subject to the project amount remaining which needs to be raised.

loan amount


interest paid*


funds pledged


number of investors


% of target pledged

Fully Funded

project type

Conversion of existing residential property to multiple units

loan term

up to 6 months


1st charge

project phasing

1 of 1

floor area

2500 sq.ft.

purchase price/value


cost of work


loan to value


est. sales value (gdv)**


owed at exit to gdv***


strategy & vision

A pub conversion to form 4 flats and 2 shops which already has planning permission. Retail units on the ground floor, 2 one bed and 1 2 bed flats on the first floor and 1 two bed penthouse on the 2nd floor. The refurbishment has commenced and will be completed in November 2014. It is anticipated that the sales phase will be completed by end of Q1 2015.

exit strategy

the borrower
& project team

JVIP (Kent) Ltd is a family owned and run company that adds value to property and creates inspirational homes. Now in their 8th year as JVIP (Kent) Ltd and actually 14 years as a family operation, they have completed over 150 successful refurbishments, conversions and new builds.

This particular opportunity is held in a different company namely Launch Pad Developments LLP set up by the directors of JVIP (Kent) Ltd specifically to undertake this development.

indicated return for your pledge
min. loan (6 months)
6 month loan

CrowdProperty Comments

The borrowers are very successful property developers, who have completed over 150 property development projects. They are well known to the CrowdProperty team and we believe they are very capable of delivering this development on time and in budget. This particular development is already well underway and extra time has been built into the time required in order to sell the completed units. We anticipate this will be the first of many developments which CrowdProperty will help these particular developers raise funds for. We hope you decide to be part of the first development funded through CrowdProperty.




Rigorous due diligence
1st Charge Security
Unparalleled expertise
*Please see full risk warning
**Estimated Sales Value is more formally referred to as GDV - Gross Development Value
***Owed at exit to GDV is calculated as the total capital + any planned loan interest against the RICS GDV for the project. These figures do include subsequences on projects funding development costs during the course of the project.

Your capital is at risk. No FSCS protection. Past performance is not an indicator of future results. Tax treatment will depend on individual circumstances and may be subject to change. See our full risk warning.

ask a question
As featured in...
Peer2Peer Financing Association
UK crowdfunding
UK Proptech Association