TAB U logoTAB U

1685 - Isleworth, Middlesex

Case studies - 1685 - Isleworth, Middlesex

The client is purchasing a vacant building that is arranged as a restaurant on the ground floor with a six room HMO on the upper two floors. The loan required was on a first charge commercial basis for £525,000.

Planning has been granted for rear extensions to the first floor and rearrangement to two studio units. The client intends to submit planning for a two bedroom mews house to the rear. His exit strategy is refinancing. 

There is good precedent for this being a number of neighbouring properties having already completed mews houses along Pembroke Place. With an LTV of 70% and a rate of 1.00% per month this loan is against a robust security with good added value opportunities.

Signup to our newsletter

Receive TAB Lending and TAB Property investment alerts and keep up to date with TAB.

Please select all that apply.

TAB awards

whatsapp icon