SEVEN DETACHED HOUSES

Seven Detached Houses

Location: Teeside

Development: 7 x Detached Houses

Loan Amount: £1.1m

Loan to Value (LTV): 71% of GDV

Gross Development Value (GDV): £1.6m

Brief Summary: An unencumbered site in a lovely area of Teeside. This developer built created a lovely cul-de-sac of 7 detached houses ranging 4 to 5 bedrooms and required a fairly high LTV and so managed to sure 71% of the total GDV.