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Illustrative Demonstration Data Only — Not Live Market Information.
The asset
Leeds South Bank BTR — the underlying real asset securing this offering.
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Slide 1 of 3: The asset. Leeds South Bank BTR — the underlying real asset securing this offering.
OpenFlat · Leeds, Yorkshire & the Humber, England
Leeds South Bank BTR
South Bank regeneration zone. Valued at £4.52M — 1.05x the HM Land Registry UK HPI average flat price for Leeds (GBP 153,650, June 2026), across 28 units.
LEE033ERC-3643Permissioned EVMEPC CLeaseholdEngland
Key metrics
- Property value
- £4.52M
- Local authority
- Leeds
- Property type
- Flat
- Tenure
- Leasehold
- Units
- 28
- Rent
- £780 pcm
- EPC
- C
Use of proceeds
- Acquire the flat interest at £4.52M
- 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
- Reeds Rains
- 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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