Conversion and refurbishment into much needed family homes
A former care home now vacant and no longer fit for purpose cleverly reconfigured to create 4 new 3-bed family homes





Atelier provided a £2m 12-month facility to an experienced repeat borrower. The scheme combines conversion, heavy refurbishment and ground-up development with the end product being a desirable and useful contribution to the local area.
Gross Loan
£2M
Term
12 Months
LTV
69%
Units Created
4
Exit Method
Sales
"This is the second time we have supported this developer and we are delighted to be supporting the re purposing of a redundant care home in a popular area of an established town which will create 4 much needed new family homes."
- Alan MacLeod, Director of Credit

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