Ground-Up Development

Development of nine new houses in the centre of Reading

A ground-up development loan to acquire the site and finance construction costs for nine much needed new houses.

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Atelier financed a regeneration of a brownfield site into nine houses with outside garden space in a popular and well established area.

Gross Loan

£2.5m

Term

18 months

LTV

70%

Units Created

9

Exit Method

Open-market Sales

The developer is delivering nine houses, some of which will be affordable, providing much-needed homes for families.

- Anna Simpson, Asset Manager

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