Post completion, the client will carry out a very light refurbishment to prepare the property for rental.
The client owns an extensive portfolio and has a requirement to repay existing finance on this property – one of two barn conversions on a vineyard in eastern England.
Post completion, the client will carry out a very light refurbishment – redecoration throughout – to prepare the property for rental.
Initial gross loan: £525,000
The proposed exit is the sale of another ongoing development to repay this loan.
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