Ground-Up Development

Four new detached houses in Penzance

Development of four new family homes with fantastic sea views.

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We provided a £2.7m ground-up development loan to an experienced property developer building residential homes across the Southwest of England.

This project will deliver four new 4-bedroom houses within a mile of Penzance town centre in a fantastic location with extensive sea views and generous outdoor space.

Gross Loan



21 months



Units Created


Exit Method


"Working with a highly experienced developer, in an excellent location delivering desirable homes, we were able to agree terms and execute this transaction in just a matter of weeks."

- Slav Melnikovs, Asset Manager

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