A loan note is a type of financial instrument; it is a contract for a loan that specifies when the loan must be repaid and usually also the interest payable. It is similar to a promissory note but the differences can be significant in terms of consequences, especially tax consequences.

Prosperity Wealth Is a property investment group based in Birmingham. The group has a passion for and is dedicated to structuring secured property investments.

In this instance, the senior secured Loan Note offers a unique opportunity to invest alongside prosperity in a portfolio of completed properties in the locations of Peterborough and Derby. These rental demand and yields are high, within areas of sustained high employment, with a focus on these cities.

Over the last 40 years house prices have risen by 3% annually in real terms, but this price signal has not produced a supply side response. With every period of rapid house price growth, supply has only responded slowly.

Here are some examples of The Loan Note and what it indicates:

Prosperity House – Derby, East Midlands.

Apartments located directly in Derby city centre with views overlooking the Cathedral Quarters and rest of the city.

  • Number of Units – 156
  • GDV – £18m
  • Completion Date – Q2 2017

Varity House – Peterborough, Cambridgeshire.

Stylish development of apartments with parking within a landscaped setting, situated one mile east of Peterborough city centre.

  • Number of Units: 97
  • GDV – £9.4m
  • Completion Date – Q1 2017

Castle Court – Dudley, West Midlands.

An impressive eight-storey conversion, boasting huge commuter appeal, Dudley is quickly becoming an investment hotspot.

  • Number of Units – 141
  • GDV – £15m
  • Completion Date – Q1 2018

Priestgate House – Peterborough, Cambridgeshire.

Prominently located in the centre of Peterborough, this residential development offers a mix of one and two bedroom apartments.

  • Number of Clients – 35
  • GDV – £5m
  • Completion Date – Q1 2017

If you would like to find out more about the Loan note or the investments we provide, then you can contact the team on 0345 894 8441.