Purchase and Renovation of a house divided into 10 flats in Swansea

April 29, 2020

Another Swansea project, this time a run-down house which has already been converted into 10 flats. It's all got quite tired, as can be seen here, and needs a full renovation, inside and out, along with removal of Japanese Knotweed, which has spread around the exterior. We have worked with these developers several times before and this is the sort of property that they specialise in, so we are looking forward to seeing how this project progresses. We expect our loan to last around 18 months and the exit will either be via the sale of the individual flats, or the complete building.

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