Funding to Purchase a Run Down Bungalow To Convert Into a Holiday Let

Our client, an experienced property professional approached us requesting funding to purchase a run down bungalow on the island of Anglesey, North Wales.

They had identified the old bungalow as a property with huge potential and plans to renovate it into a 3 bed, 3 bath luxury holiday home, only a 5 minute walk from the beach.

In order to complete the purchase they required fast, flexible funding to secure the property purchase and start the works.

Lowry Capital provided £143,000 in funding for the purchase of the property, and we are set to make more funds available as the build progresses.

Our clients purchase has just completed and work is set to start in the coming days.

Another great example of Lowry Capital providing straightforward funding to help a developer secure a property with potential.

Purchase Property