Conversion & Refurbishment

Conversion of former office block into new residential and commercial units

An exciting development in the heart of Birmingham that will deliver 67 new residential apartments and 3 commercial units.

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Existing Building

We provided a development facility for the conversion of a former office block into residential apartments and commercial space. Located close to major bus and railway links in Birmingham, this development will bring much needed 1-bed and 2 bed apartments to the city centre and underpins our commitment to supporting Birmingham and the Midlands.

Gross Loan

£8.5m

Term

20 months

LTV

50%

Units Created

67 Residential, 3 Commercial

Exit Method

Investment Loan Refinance

"This property has been held by our borrowers for generations and will now serve a new purpose which reflects the change in urban living – We are always keen to work with versatile developers who respond to new demands."

- Rav Kudhail, Lending Manager

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