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Frome House | Bath

Loan type

Development Finance

Loan Amount

£

7,711,034

Term Length

14 Months

LTP

75%

LTC

87%

LTGDV

70%

Purpose

To assist with the acquisition of the property, and to finance the refurbishment of the existing building delivering a first phase of 46 student beds.

Exit

To let and refinance onto an investment loan.

Loan Strengths

  • Well located with good access to local transport, amenities and universities
  • Strong demand with a limited supply of student accommodation
  • Very good proposed specification

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