We’re proud to achieve this development, with the help of Assetz Capital. The drawdown process of construction funding has been very swift and Jake (Hiskett) has been a huge help to us, a very positive experience. Birkenhead is calling out for housing and we’re happy to help with that.
Accelerate Property Group
Residential Refurbishment
Originally Solicitor’s Offices, the grade 1 listed building underwent a residential refurbishment process, to convert the building into 10 new apartments. The listed status of the building added a layer of complexity to the conversion project. Thomas, supported by a capable team, effectively managed the project and ensured its successful completion.
The exit was via the property sale. The property was sold to a real estate investment company, known to Thomas Muir, who bought the whole development for a sum in excess of the original valuation. As a result, the developer earned a substantial profit from the transaction, highlighting the project’s success.
£628k
Amount lent
12
month
Loan term
70%
LTGDV