Ground-Up Development

From abandoned petrol station to new homes

We helped a local developer transform a redundant petrol station into six brand new homes.

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We provided a senior development finance facility to an established property developer based in the South East.

The project was to demolish and decontaminate an abandoned petrol service station unused for over a decade. In its place our developer constructed an attractive terrace of six affordable, modern, four bedroom, three-storey houses with gardens and allocated parking spaces. The street scene and local environment were greatly improved for the benefit of all local residents.

Gross Loan

£2M

Term

15 Months

LTV

57%

Units Created

6

Exit Method

Sales

"We share this developers passion for urban brownfield renewal and are delighted to have been able to contribute to this transformative project."

- Chris Gardner, Founder & Joint Managing Director

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