Mint Property Finance funds dream development, The Nook
Mint Property Finance has completed a £327,500 bridging loan enabling a ground up development to be brought to completion.
The impressive private development in East Tuddenham, Norfolk, is the work of a leading independent construction company, who specialise in the construction of new build, premium build, and luxury barn conversions within East Anglia.
Combining incredible attention to detail with the highest level of craftsmanship, the sensational property features five bedrooms; seven luxury bathrooms; three generous living spaces including wood burning stoves in the snug and main living room; a beautiful open plan kitchen and family room featuring state-of-the-art appliances and vast bi-folding doors onto a generous sun terrace; a wet room and utility room.
A statement double-height, feature hallway with an ash and glass staircase makes for a statement entrance with an attractive oak porch to the front.
The property stands in 1.1 acres of grounds with the rear garden running down to the River Tud. A 130sqm porcelain terrace to the rear provides the perfect setting from which to enjoy the view with a glass balcony wrapping the first floor above.
For those working from home or simply looking for an additional guest or social space, the Cart Lodge, situated in the grounds of the property and with its own private access, is the perfect addition.
The facility was agreed on Mint Property Finance’s Heavy Works development product at a flat rate of 0.89% over 12 months.
Speaking on the development, Dave Gregory, Portfolio Manager at Mint Property Finance said: “This is a development of exceptional quality and one we are delighted to have funded. The Borrower is an experienced developer, producing quality builds to the highest of standards. It’s a pleasure to have worked together and played a role in making the developer’s vision a reality.”
Mint’s client said: ”The speed at which Mint Property Finance released funds to follow the site inspection was impressive, helping to manage cash flow and enabling work on site to keep moving.