- Joint Venture Investments
- Property Portfolio
- Norwich, Norfolk, NR5
Velocity Student, Norwich -
Norwich, Norfolk, NR5
In partnership with
Development Background
Velocity Student is a purpose built student accommodation (PBSA). The project involved the conversion of the former public house and ground up development in the car park and land to the rear of the site.
Strategy
The strategy was to obtain planning permission to change of use into Sui Generis (Student Halls). Thereafter rent out the rooms on AST’s and retain via a commercial mortgage.
Outcome
Planning was subsequently granted for a 34 ensuite bed large scale PBSA with 5 shared living spaces and landscaped gardens.
All 34 rooms are let via AST’s with a commercial mortgage in place.
Further Information
This page has been prepared and published by Velocity Student, Norwich
Learn a bit more about how our system works. If you have a question, take a look at our Frequently Asked Questions (FAQs) to see if you can get the answer you're looking for.
This website is operated by the JaeVee Group of Companies. Webpages containing share offers will be hosted by the relevant Group Company that is issuing the shares, as identified on the relevant webpage. Webpages containing mezzanine debt offers will be hosted by Estateducation Ventures Limited.
JaeVee is a trading name used by all companies within the JaeVee Group of Companies, including Estateducation Ventures Ltd. Estateducation Ventures Ltd is registered in England & Wales with company number 10172481. The registered office of the company is Studio 9 Netherconesford, 93-95 King Street, Norwich, NR1 1PW.
Estateducation Ventures Ltd (10172481) undertakes unregulated loan brokerage business that does not entail consumer credit or regulated mortgages. Arrangements by Group Companies to issue their own shares constitute unregulated business pursuant to Article 34 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (RAO).
Information about investments is only available to investors who demonstrate that they qualify as high net worth individual investors or sophisticated investors or otherwise fall within categories of investor who can receive financial promotions from unregulated persons in accordance with the requirements of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (FPO). Property investing carries the risk of losing some or all of the capital invested. JaeVee does not provide investment advice and investors who are in doubt about whether investing is right for them should consider seeking advice from an appropriately qualified professional adviser.
JaeVee © 2022 • All rights reserved.