The building at Sion Hill Place will be renovated by the developer, David Newton at Kersfield, to provide seven two- and three-bedroom luxury apartments.
The purchase of the property was completed in May with a target GDV of £6.75m.
- DFT roundtable: Aggressive business plans, development delays and managing expectations
- Coppergate and West One Loans fund sustainable development in Hackney
- CapitalRise provides £8.1m loan for luxury apartment scheme
David said: “We are delighted to be working with Coppergate to deliver what we anticipate will be the best luxury apartments scheme in one of the best locations in Bath.”
Charles Fletcher, director and co-founder of Coppergate, added: “We are very excited to launch our first project in Bath.
“We couldn’t have chosen a better location, and to be partnered with one of the leading luxury developers in Bath has made this an even more fantastic development for our investors."
Leave a comment