The Avenue, Eastbourne
This is another development from the Award-winning Eastbourne based developers, Five Walk Homes. The developer had planning permission to build 11 apartments with garages in the coastal town of Eastbourne, East Sussex.
These apartments are located within walking distance to the train station, making these properties extremely desirable to commuters.
A total loan of £1,200,000 was agreed with Five Walk Homes to fund the build costs of the 11-apartment development. Hunter Finance sent funds in drawdown stages at the developer’s request throughout the project. Understand how our property loans work.
The developer sold a number of the apartments and retained the remaining properties, which would be added to their buy to let portfolio.
The final GDV of the development was £2,800,000.
At Hunter Finance, we’re here to provide development finance you can depend on. Check out our latest property predictions and news by clicking here.
"We have found securing a competitive facility with Hunter Finance a refreshingly straightforward a Read more
"Highly impressed by their honest approach to doing business, and following through on their promis Read more
"I have used Hunter Finance on a number of occasions. They have always provided a no-nonsense, hass Read more