‘High level return on investment within 2 to 5 years’
- 2,500 plots available to investors
- Plot price to investors £2,400
- High level return within two to five years
- Plots are valued at over £3,750
- Clearly defined exit strategy
- Minimum investment is 4 plots
‘A very rare opportunity has arisen to purchase burial plots in London’s Rainham cemetery, which is being extended to accommodate the high demand for burial plots within Greater London…..’
‘….As a unique investment brokerage we specialise in sourcing and delivering the best alternative investment projects worldwide.
We are proud to present the Rainham Cemetery Phase 2 within the Greater London area.
We are the EXCLUSIVE master agent for this project. After major planning and preparation we are finally able to offer new burial plots for sale to the general public.
Due to the desirable location and the critical state of the market, plots are being offered purely on a first-come first-served basis.’
There’s good money to be made in this burial business apparently, according to the team of ‘highly skilled and very successful individuals’ aka the EXCLUSIVE master agents at Harley Investments Ltd.
We have a copy of the brochure at GFG Towers for anyone looking to make a quick buck out of bereaved families needing to find somewhere to bury a relative.
Capitalism at its very worst. The investor/owner cannot wait for a return, inconveniently, the people of Rainhan just won’t die fast enough. This wheeze neatly solves the rapid return conundrum. Pass the sick bag Alice.
If the local authority that owns the adjacent Rainham cemetery decides to use the London Local Authorities Act 2007 and reuse graves the returns on an investment next door might be very different.
OK, assuming they have 2,500 plots to sell, if anyone invested, when would their plots be sold, in which order?
Surely the owner of the cemetery, if seeking a fast return, would sell their own plots first to the at-need market? An investor may have to be extremely patient to see a return.
And we must remember that in some cases, cemeteries never repay the initial investment. All in all this tempting get rich fairly quick scheme, seems like a very dubious prospectus? I think I’ll stick with the Halifax and my .5%.
I’m posting a video from today’s ‘Guardian’ re funeral poverty per se and not just the cost of a new burial space. A sad story for a family and the unexpected loss of a son…….with a significant urgent payment from DWP (which was unexpected) which largely met all of the costs. See the video here:
https://www.theguardian.com/society/video/2019/apr/10/4000-in-four-days-one-mothers-battle-to-pay-for-her-sons-funeral-poverty-video
The family were supported by what appears to be a good value caring Independent run by Martin and Tina Lambert
https://www.lambertfunerals.co.uk/
Andrew