01825 749721

EASTBOURNE, EAST SUSSEX DEVELOPMENT FINANCE: £1.2M LOAN FOR 11 CONTEMPORARY APARTMENTS

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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.

Contact us today on 01825 749721 or get in touch here for more information on how we can help you.

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To view a wide range of property developments that we have funded in the past, please click here.

To see if we can help fund your next project, please feel free to contact us here, or call our office on 01825 749721.

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