Four new detached houses in Penzance
Development of four new family homes with fantastic sea views.





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
£2.7m
Term
21 months
LTV
70%
Units Created
4
Exit Method
Sales
"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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