Conversion of period property in the heart of Tunbridge Wells
This development will create 13 new homes through the restoration and extension of a imposing period property.
This refurbishment will include the extensive reconfiguration of the existing period property, as well a side and rear extension, delivering 13 new one and two-bedroom homes. Maximising the day one advance was key to making this development viable and through creative structuring, Atelier was able to deliver on this requirement.
Gross Loan
£3m
Term
17 months
LTV
70%
Units Created
12
Exit Method
Sales
“This development is a blend of period restoration, refurbishment and new build, and is exactly in line with our lending appetite and philosophy of upscaling and rejuvenation of existing buildings.”
- Anna Simpson, Asset Manager
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