| Asset Type | Vacant hostel with residential conversion potential |
| Loan Purpose | Purchase pending planning consent |
| Loan Amount | £9,430,000 (65% LTV) |
| Purchase Price | £14,500,000 |
| Loan Term | 12 months |
| Security Type | 1st Charge |
| Interest Rate | 12% p.a. (serviced monthly) |
| Exit | Development finance |
