Project Description


  • 209,500

  • 12 months


  • The property comprises of a four bedroom semi-detached house which was built in the very early 1900s
  • The property generally has a tired and dated appearance with full refurbishment and upgrading works required
  • A good sized family home with rear garden and off road parking with excellent demand for owner occupiers
  • Funding provided for the purchase and refurbishment of the property


  • The Borrower’s were experienced developers who had previously sourced properties for conversion to HMOs, initially for clients then also for themselves
  • Our experienced Asset Manager was still on hand to offer valuable advice and add value from the outset


  • The refurbishment was completed to the agreed schedule and to an extremely high standard
  • Further new loan facilities have been completed and are progressing through building a great business relationship