A new development in Yorkshire could net you up to 17% return from a minimum investment of £5,000.Aerial View

CapitalStackers is inviting crowdfunding loans to help launch a development of 11 homes along with the purchase of additional land with detailed planning permission for a further 11 houses in a popular location.

Dacre Banks is an English village in the Yorkshire Dales, with the archetypal features of a cricket green, a popular pub, traditional shop and church, plus the added boon of a medical centre.

Homes tend to be highly sought after in this Area of Outstanding Natural Beauty set amid stunning moorland scenery and a tapestry of lush green meadows – just 11 miles from Harrogate and easily commutable from Leeds. Furthermore, historic planning restrictions and a shortage of new build properties have created a healthy build-up of demand.

InfogramGregory Property Group, very experienced developers operating since 1985, have created a scheme with broad appeal – a selection of 2, 3 & 4 bedroom houses (including 5 ìaffordableî homes – two available in the first phase), designed to attract a diverse mix of young professionals, families and older downsizers lured by rural village life, and commuters to Leeds and Harrogate. The houses will sell for between £249,950 and £375,000 (although sales agents have advised that prices may be 5% higher) with a total value for the 11 homes in Phase 1 assessed at £2,794,000 and the whole development at £3,858,584.

Senior funding of £2,340,000 has been secured from Hampshire Bank Trust, so CapitalStackers investors are invited to fill the balance of £504,000, in loans of £5,000 upwards, for returns of between 12.65% and 17.18% for a Loan to Value range of 65% to 73%.

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CapitalStackers is authorised and regulated by the FCA. Investment through CapitalStackers involves lending to property developers and investors. Your capital is at risk. Investments through this and other peer to peer lending platforms are not covered by the Financial Services Compensation Scheme. Unless otherwise stated, returns quoted are annualised and gross of tax.