Suburban renewal in Bath
We helped a local developer demolish two vacant houses at the end of their useful lives and replace them with four townhouses, incorporating a living green wall and locally sourced stone.
We provided a £4m, 18-month senior development finance facility to an experienced local developer.
We assisted this developer in splitting one large development into two smaller developments, improving financial efficiency. The finished product was an attractive terrace of four townhouses built to a high specification, with environmentally friendly and locally sourced features and materials.
Gross Loan
£4M
Term
18 Months
LTV
67%
Units Created
4
Exit Method
Sales
"This development combines traditional Bath stone with modern methods of construction. Good for sustainability and aesthetic appeal."
- Rebecca Nutt, Director of Portfolio Management
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