Southampton £6.2m

Finish & Exit

Gross Loan

£6,292,131

Loan Type

Finish & Exit

Term

6 Months

LTGDV/LTV

61.4%

Annual Rate

7.08%

Monthly Rate

0.59%

This scheme includes the development of 101 modern new build apartments and ground floor commercial units in Southampton. The properties are closely located to various transport modes. They are situated near Woolston Station and Southampton Central, allowing for a 1 hour and 19 minute commute into London Victoria. It is also 9 miles from Southampton International Airport which provides a series of domestic and European flights to several destinations. Additionally, the site is an 18 minute walk away from the town centre; nonetheless, it has access to various bus routes into the centre as well.

“It was an absolute pleasure working with Avamore on this transaction. Michael and Amit are clearly experienced professionals, which shone through when dealing with any technicalities and getting over any hurdles. Avamore were able to take a commercial view on items to help get the transaction completed in a short timeframe. I would definitely recommend Avamore to others.”

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