Hurry before this loan offer closes
Our North Rd loan project is over 80% funded.
The property is a former shop with living accommodation above which has been poorly converted to fully residential and is in need of full refurbishment. The Borrower intends to restore the property to its previous use as one retail unit on the ground floor and one self contained 2 bed apartment on the first floor. The aim is to create one freehold with two leasehold properties, the shop and the first floor flat.
10% pa for 9 months secured
Outline planning permission has now been granted to return use to mixed use: retail & residential. Town planners are keen to see the property refurbished and no longer an eyesore in the otherwise well kept local community.
The Borrower will also be the tenant of the ground floor retail space for a new branch of his local estate agency business.
There’s currently only £18,000 left for lenders to take this opportunity to earn 10% per annum for 9 months.
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