London £2.6m

Finish & Exit

Gross Loan

£2.69m

Loan Type

Finish & Exit

Term

12 months

LTGDV/LTV

63.98%

Annual Rate

8.5%

Monthly Rate

0.708%

The two barns in West London are wind and watertight and benefit from planning permission to be converted into 9 residential units. The properties will be of new build in a local market where such properties are in short supply. They are of attractive design and all units benefit from ample private parking.The area is served well by local amenities; including restaurants and transport methods. The closest train station is West Drayton and provides a 25-minute commute into London Paddington; it is also a 7-minute drive from Heathrow Airport, making the properties particularly attractive to young professionals.

“As usual, the team at Avamore worked around the clock to get this deal initially agreed and subsequently completed in good time. The terms were extremely competitive, and the end result is a very happy client. Big tick in the box and I would be happy to recommend them.”

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