TAB U

2498 - Acton, London

Tab | HQ | Case studies - 2498 - Acton, London: TAB has funded £437,537 of an overall facility of £950,000 for a term of 14 months at a LTGDV of 43.78%. Funds will be used in the construction of four new build flats.

Name of case study: 2498 - Acton, London
Term: 14 months
LTGDV: 43.78%
Loan amount: £457,537
Type of property: Development loan

The subject property comprises the air space above an existing 1930’s purpose built block of flats which is arranged over ground and two upper floors. The block currently has a flat roof and therefore ideal for an additional floor.

TAB has funded £437,537 of an overall facility of £950,000 for a term of 14 months at a LTGDV of 43.78%. Funds will be used in the construction of four new build flats.

As seen in the images, the property has seen significant construction thus far. The steel frame for the development has been erected, and deck installations for both the third floor and roof have progressed as well as has the first fix carpentry work. The property has also seen installation of timber staircases, connected to the existing stairs. 

The property is located in an established residential location and within walking distance of Acton Town Underground Station (District and Piccadilly lines) and Acton Mainline Station. 

 

Tab | HQ | Case studies - 2498 - Acton, London: TAB has funded £437,537 of an overall facility of £950,000 for a term of 14 months at a LTGDV of 43.78%. Funds will be used in the construction of four new build flats.
Tab | HQ | Case studies - 2498 - Acton, London: TAB has funded £437,537 of an overall facility of £950,000 for a term of 14 months at a LTGDV of 43.78%. Funds will be used in the construction of four new build flats.
Tab | HQ | Case studies - 2498 - Acton, London: TAB has funded £437,537 of an overall facility of £950,000 for a term of 14 months at a LTGDV of 43.78%. Funds will be used in the construction of four new build flats.

Signup to our newsletter

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

Please select all that apply.