Permitted Development

Conversion of existing office block into 12 apartments in the heart of Brighton

This development will have a view of the beach and provides much needed new housing close to Brighton’s bustling city centre.

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Working closely with a highly experienced developer we provided a loan to convert an existing office block into 12 new apartments. This project is an excellent utilisation of a brownfield site in a prime location and is being converted under permitted development which will reduce the amount of waste generated during the construction process. 

Gross Loan

£2.7m

Term

9 months

LTV

69.5%

Units Created

12

Exit Method

Sales

"We are always keen to support developments that offer regeneration within local areas and schemes that reduce, reuse and recycle materials."

- Oscar Appleby, Asset Manager

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