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NOMA District | Manchester

Loan type

Development Finance

Loan Amount

£

10,495,800

Term Length

22

Months

LTP

62%

LTC

83%

LTGDV

65%

Purpose

To assist the borrower with the refinancing of the property and subsequent development into 66 residential units.

Exit

Sale of units on the open market.

Loan Strengths

  • Character building with popular historic features
  • Good central residential location
  • Strong local comparable sales and rental evidence

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