Paddington | London

Loan Type

Development Finance

Loan Amount

£6,618,530

Term Length

15 months

Leverage Levels

67%

LTP

76%

LTC

49%

LTGDV

Purpose

To assist with refinancing the property and completion of a conversion into 19 residential apartments.

Exit

Sale of units on the open market.

Loan Strengths

  • Excellent transport links with a desirable central location
  • Good mix of units, which are attractive to both owner occupiers and investors
  • High spec interior design and secure underground parking
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