Crowdprop intends to purchase a fully furnished one-bedroom apartment under a 5-year investment term. The property will be rented out upon completion with a guaranteed rental income for a 2-year period with an option to extend for another year. Pound (GBP) based rental income will be distributed to investors on an annual basis and provides an excellent hedge against fluctuating exchange rates. The property will be held for a period of 5 years, after which investors will vote on the decision to sell or retain the property.
Crowdprop has chosen the UK as an attractive property investment destination as it is globally recognised as a safe and secure environment for foreign investors. In recent years, emerging locations including Northern Powerhouse cities have enabled investors to achieve higher yields, with rental returns outperforming London's buy-to-let market. Liverpool has emerged as a top-performing choice for property investors as it is home to the UK's fastest growing inner-city population and is forecasted to achieve a 24-percent capital appreciation over the next five years (report by Savills).