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Deal of the week

by | Feb 7, 2022 | Deal of the Week

A client approached us via @savoysproperties and wanted to use the Game Changer product.

@savoysgroup secured a 3 Bed End Terraced property in Watford for £400,000 with the intention of converting to a 6 Bed HMO.

The purchase was completed in June 2021 with CPC Finance arranging a loan facility of £455,000 towards the purchase and conversion works.

Conversion has since been completed with a property revaluation being £650,000. CPC Finance have now arranged a term facility of £487,500 at 75% LTV.

This brilliant project will be presented to a select group of investors at Savoy’s HMO Open Day on the 11th of February!