1 Thorne Road, Doncaster DN1 2HJ
Thorne Road, Doncaster
1 Thorne Road, Doncaster DN1 2HJ
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THE OPPORTUNITY
Property Type – Commercial unit
Project – Conversion to flats
Loan Required – £60,000
Term – 12 months, with ability to pay back after 6 months
Interest Payable – 8% per annum
Payment Intervals – At end of loan term
Borrower Type – Experienced investor / developer
Security Availability – 1st charge on property at 130% of loan amount
Property Type – Commercial unit
Project – Conversion to flats
Loan Required – £60,000
Term – 12 months, with ability to pay back after 6 months
Interest Payable – 8% per annum
Payment Intervals – At end of loan term
Borrower Type – Experienced investor / developer
Security Availability – 1st charge on property at 130% of loan amount
THE PROJECT
The site is currently a small office block and was originally a large house. We will convert this back into flats under PD in the main building.
There is planning for 3 flats as an extension, however I will change the design of the extension to increase the number of flats to 4 instead of 3 flats and reduce the build costs.
The site is currently a small office block and was originally a large house. We will convert this back into flats under PD in the main building.
There is planning for 3 flats as an extension, however I will change the design of the extension to increase the number of flats to 4 instead of 3 flats and reduce the build costs.
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