Conversion & Refurbishment

Converting commercial space to new homes in Bedfordshire

This conversion saw a mid-century era commercial block transformed into ten affordable homes for rent.

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We provided a 12-month, £1 million senior development facility to a seasoned property developer with experience in conversion and refurbishment.

We helped give new purpose to a dated commercial unit, delivering ten self-contained homes for rent to Bedfordshire. These town centre properties serve as ideal rental homes in an area in need of modern, well finished properties.

Gross Loan

£1M

Term

12 Months

LTV

61%

Units Created

10

Exit Method

Refinance

“Our client had agreed to develop the site and lease the apartments to a local housing association for rental. Not only did this assure the exit it also meant new homes for local people.”

- Graham Emmett, Founder & Joint Managing Director

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