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Illustrative Demonstration Data Only — Not Live Market Information.
The asset
Deansgate Tower Apartment — the underlying real asset securing this offering.
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Slide 1 of 3: The asset. Deansgate Tower Apartment — the underlying real asset securing this offering.
OpenFlat · Manchester, North West, England
Deansgate Tower Apartment
City-centre tower, let on an AST. Valued at £264,000 — 1.35x the HM Land Registry UK HPI average flat price for Manchester (GBP 195,385, June 2026).
MAN006ERC-3643Permissioned EVMEPC ALeaseholdEngland
Key metrics
- Property value
- £264,000
- Local authority
- Manchester
- Property type
- Flat
- Tenure
- Leasehold
- Rent
- £1,280 pcm
- EPC
- A
Use of proceeds
- Acquire the flat interest at £264,000
- Fund SPV formation, RICS Red Book valuation and legal title work
- Fund the FCA-perimeter structuring and token issuance programme
- Retain a servicing and maintenance reserve
Structure
- Sponsor
- Strutt & Parker
- Trustee
- Democratize Security Trustee Ltd
- Custodian
- Independent UK custodian (demonstration)
- Instrument
- Fractional equity
- Ranking
- SPV equity, unencumbered title
- LTV
- 0% (unlevered)
- DSCR
- n/a — equity
- Maturity
- Open-ended
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