Ground-Up development of two detached houses nestled in the Cotswolds
Two attractive, detached houses delivered to a high standard in a desirable Cotswolds village.
A loan to enable the purchase of an existing property, which was to be demolished and replaced by two new four bed houses. Using traditional building methods this development has been delivered on time, on budget and the borrower has agreed sales in excess of the estimated gross development value.
Gross Loan
£1.5m
Term
18 months
LTV
70%
Units Created
2
Exit Method
Sales
"This development represents an excellent utilisation of a prime site in the Cotswolds and has provided two high quality family homes using local materials."
- Peter Messenger, Development Monitor
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