Development came in under budget and developer only required £445,000 to complete.
Completed Photos – https://www.rightmove.co.uk/properties/77918154#/
Development
Completion of a detached 5 bed house, 5800 sqft
Loan required
£500,000 build costs to complete in stage payments
Loan term
12 Months
GDV
£2,000,000
Loan to value %
22% (based on amount drawn down amount)
Exit
Sale
Development came in under budget and developer only required £445,000 to complete.
Completed Photos – https://www.rightmove.co.uk/properties/77918154#/
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