Bradford on Avon | Wiltshire

Loan Type

Development Finance

Loan Amount

£2,330,575

Term Length

19 months

Leverage Levels

63%

LTP

87%

LTC

68%

LTGDV

Purpose

To assist with the purchase and subsequent redevelopment of an old factory to create six townhouses, two apartments and one office unit.

Exit

Sale of units on the open market.

Loan Strengths

  • Central location that has a buoyant residential market
  • Strong demand for this development as there is a lack of new build schemes in the area
  • Experienced developer with good track record
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