The detached two- to four-bedroom houses will be fitted with vehicle charging points, solar panels and a bio-disc treatment plant — as well as ecologically biodiverse boundaries between each property, with the aim of achieving EPC B ratings.
The 22-month deal will be exited via the sale of the £4.6m GDV homes.
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John Hartigan, investment director at Blackfinch Property, said: “This is another excellent development by an experienced developer, who has worked with us on their projects for several years now.
“Our in-house legal team worked with our external lawyers and the borrower’s solicitors, to clarify a complex planning query quickly.
“For the purposes of the deal, the developer had exchanged contracts to purchase the property — so all parties and their legal advisers worked closely to ensure a smooth and on-time completion.”
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