Groupvest plc – Venture Capital investment

Consensus Capital Group’s investment in Groupvest continue to perform well with residential property developments. Groupvest matches high net worth investors with independent property developers who require capital investment. Two new Groupvest developments are in progress:

1: Hartfield Road, Wimbledon is a residential development of 6 new build flats. The architectural style is in-keeping with the adjoining terraced street scene and internally the flats are contemporary in style. All of the flats have been pre-sold to a private investor and the project is due for completion 2018.

2: Copse Hill, Wimbledon is a development of two new build detached family homes in a prime residential area. The houses have been designed with traditional brick exterior and contemporary open plan interiors. The project will be due for completion in Summer 2018.

 

  • Date
    11 May 2018
    Consensus Capital Group’s investment in Groupvest continue to perform well with residential property developments. Two new Groupvest developments are in progress: 1: Hartfield Road, Wimbledon is a residential development of 6 new build flats. The architectural style is in-keeping with the adjoining terraced street scene and internally the flats are contemporary in style. All of the flats have been pre-sold to a private investor and the project is due for completion 2018. 2: Copse Hill, Wimbledon is a development of two new build detached family homes in a prime residential area. The project will be due for completion in Summer 2018.
  • Date
    6 July 2017
    44 York Place is located in the city centre of Edinburgh in the retail and leisure hub of Picardy Place. The building was formerly an HMRC office that was extended and converted into a 127 room hotel. Consensus Capital developed the hotel concept for this building which had been empty for three years. Consensus Capital applied for the planning permission for the change of use and designed the conversion to the specific requirements of the hotel operator. Consensus Capital was successful in arranging a long term lease to the hotel chain Premier Inn and also a forward funding and sale agreement with a pension fund investor to create a project with a investment value of £17m.  
  • Date
    6 July 2017
    The Horizon Building is newly constructed apartment block at Lochend Park View a short distance east of the city centre of Edinburgh and close to the open green spaces of Lochend Park, Calton Hill and Holyrood Park. Consensus Capital purchased a cleared brownfield development site from a housebuilder who had become insolvent during the financial crisis. Consensus Capital then obtained the planning permission for the current mix of 1-bed, 2-bed and 3-bed apartments, and with a main contractor built the six-storey property to specification for the housing association Hillcrest Group. The project was completed in 2014 and provides 48 new affordable homes.
  • Date
    6 July 2017
    Craigievar House is located in the East Craigs area of Edinburgh and was previously the regional office of the housing association Blackwood Homes which was founded by the social rights campaigner Dr Margaret Blackwood MBE. The building had been empty and redundant for a number of year before Consensus Capital proposed the re-design and re-use of the property. Consent was granted for the conversion and extension to create 44 residential apartments for the housing association Places for People, 100% of which were Affordable Homes. After completion the development was shortlisted as a finalist for Renovation of the Year at the Scottish Home Awards.
  • Date
    6 July 2017
    34-36 Wellesley Road is the centre of Ashford in Kent and this project was a conversion of a former HMRC office building into residential apartments. Ashford is a fast growing commuter town in the south east of England with excellent transport links to London and mainland Europe thanks to the Ashford International Station on the high-speed rail line HS1. Consensus Capital secured the planning permission as one of the first “permitted developments” in the local authority area and the conversion of the building was designed to the specific requirements of the housing association Moat Homes. The refurbishment and conversion completed in 2015 and the building now provides 25 modern affordable homes.
  • Date
    6 July 2017
    The property at Water Vennel is located in the oldest part of the city of Perth but is a relatively modern four-storey concrete construction built in the 1970’s. The property was formerly an HMRC office and been empty for a number of years before Consensus Capital proposed the conversion into residential flats. The building was completely refurbished and converted into 18 Affordable Homes for Caledonia Housing Association. Caledonia Housing Association is one of Scotland’s leading providers of high quality affordable homes for people in housing need with around 4,000 homes under ownership across Scotland in Tayside, Fife and the Highlands.
  • Date
    6 July 2017
    Winchburgh Village is a 347 hectare masterplan for a new residential community 11 miles west of Edinburgh. The total capital investment required to deliver the project is over £1 billion making this one of the UK’s largest mixed use projects currently in progress. The masterplan brings together over 20 years of partnership between two major landlowners in the West Lothian. Consensus Capital has been an investor in this project since the concept was first developed. The first phase of residential development has been completed by a number of major housebuilders and work is now ongoing with the community facilities and transport infrastructure.
  • Date
    6 July 2017
    10 Chester Street is a B listed townhouse forming part of a Victorian terrace in the West End of Edinburgh. The property is a former office building and was converted into a stunning family house with a separate lower-ground apartment. The development was designed and managed by Consensus Capital all the way from the original application for planning permission and listed building consent through to the interior design and sale of the two completed properties. Consensus Capital retained the car parking at the rear of the plot and have been successful in gaining a further consent for a newbuild mews on the site.