by Peter Wade | Feb 6, 2024 | Case Studies
Development: The development entails the construction of 46 apartments comprising 43 two-bedroom units and 3 three-bedroom duplexes. Each unit will benefit from a private balcony and a single parking space, whilst all but three of the units will have at least one ensuite. With a communal garden area and cycle storage spaces, there will also be two lifts providing access to all floors. The development will also provide a ground floor commercial unit which will comprise predominantly open plan retail accommodation with its frontage onto the main Road. The developer aims to adhere to a medium to high specification for the build.
Developer: An experienced developer who BLG has successfully funded before
Location: Bury St Edmunds
GDV: £13.4m residential and £ 580k commercial
Loan Term: 12 months
by Peter Wade | Feb 6, 2024 | Case Studies
Development: With a good view of parkland, the project entails the construction of 12 two-bedroom apartments and 1 three-bedroom apartment with a study. A receivership purchase by the developer, the build is challenging as the site is already started with the groundworks, reinforced concrete basement and underground car parking completed up to the ground floor slab. Each unit will come with allocated undercroft parking. 4 units will feature a patio, 7 units will have a balcony, and 1 unit will boast a terrace, adding to the appeal of the development.
Developer: Our clients have over 20 years of robust industry experience, spearheading numerous highly successful ventures. They offer substantial financial backing along with a wealth of expertise and business acumen.
Location: The property resides in Canford Cliffs, a sought after upscale suburb of Poole which enjoys a prime location.
GDV: £8.1m
Loan Term: 18 months
by Peter Wade | Sep 8, 2023 | Case Studies
Development: This project involved the construction of five new homes comprising one 4-bedroom detached house and four 4-bedroom terraced houses offering generous living space in modern style. All dwellings are over 3 floors, built to a very high standard and within a gated development. Notably, the design of the terraced units stands out, showcasing distinctive layouts and facades. With the scattered balconies, every aspect of the terraced units has been considered to ensure residents enjoy privacy, thus elevating the overall quality of the living experience.
Developer: Third generation of family developers. Long term client of BLG.
Location : Located in a populous area in Southwest London, close to the station, shops and local amenities.
GDV: £10.5m
Loan term: 12 months
by Peter Wade | May 19, 2023 | Case Studies, Bridging
Development: A Victorian era terrace house close to Battersea Park with the King Road just a short walk over the bridge. The property comprises a three storey, mid-terraced house, plus a converted cellar, offering six bedrooms, three bathrooms, through-lounge and large open plan kitchen/sitting room. The property is around 2500 sqft in generally good condition and purchased open on the open market. The location is popular with families and the market in this area of London has been enhanced by the development of Battersea Power Station, the new tube station and the US Embassy. The developer is looking for bridging finance associated with this residential development.
Being one of the typical examples of our bridging loan project, this deal was ready for funding within 3 weeks of first enquiry.
Developer: An experienced property developer and investor with a corporate finance and equity sales background
Location: Southwest London
GDV: £2.9m
Loan term: 12 months
by Peter Wade | Feb 16, 2023 | Case Studies, Standard Residential
Development:
Three large waterfront detached houses featuring modern design. Comprising 5-bedroom with double garages and terraces, each of these luxury units enjoy uninterrupted sea views with their own private walkway to the beach. This unique project is in the desirable Weymouth region on the edge of the cliff with Castle Cove located beneath the site. It’s a rare opportunity to develop a site like this which is significantly technical due to the rock face and descent down to the beach.
Developer:
A highly proficient developer who has carried out a range of residential projects including high value London apartments as well as commercial and retail developments. With a keen attention to detail and a strong project team behind him, the developer is determined and committed to the project work.
Location: Weymouth
GDV: £6.6m
Loan term: 18 months
