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 INTELLIGENT PROPERTY FINANCE

In March 2023, Imperial Blue lent £6.2 million for the initial phase of a 60+ unit residential scheme in Dorset. The development is in a unique seaside location that has been named among the most affordable picturesque places to live in the UK. Seaside towns have surged in popularity with buyers over recent years as residents continue to re-evaluate their work-life balance and the local beach was also named by in Europe’s Top 25 beaches.

6
Loan Amount
73%
Loan to Cost
60%
Loan to GDV
6
+ BBR (fixed, as of May 2023)
IMG_2913
Dorset 11

Imperial Blue, a prominent lender, has provided a substantial loan of £6.2 million to fund the initial phase of an exciting residential project in Dorset. This development aims to create over 60 high-quality residential units, making homeownership a reality for many aspiring buyers. Nestled in one of the UK’s most affordable and picturesque locations, the project offers an exceptional opportunity for individuals seeking a harmonious work-life balance.

The surge in popularity of seaside towns among property buyers in recent years has further amplified the appeal of this development. With an increasing number of people reevaluating their priorities, the allure of coastal living has become even more enticing. Notably, the local beach has been recognized as one of Europe’s top 25 beaches by Tripadvisor, adding to the area’s charm and desirability.

 

This multi-phase project kicks off with the construction of 21 units, encompassing a mix of thoughtfully designed houses and apartments. Spanning across two expansive sites, totaling over 2 acres, the development combines new build properties with the meticulous refurbishment of existing structures. Notably, two Grade II Listed buildings, formerly used for commercial purposes, will be given a new lease on life. While these historic buildings have been partially utilized as a mixed visitors’ attraction in the past, they currently stand vacant, awaiting their transformation into beautiful and functional living spaces.

 

In addition to meeting the growing demand for affordable housing, this development holds a significant promise for the community. By breathing new life into previously derelict structures, Imperial Blue’s investment will enhance the area in a sustainable and conscientious manner. The project’s comprehensive approach aims to create much-needed dwellings while preserving the region’s unique heritage.

Imperial Blue’s substantial investment demonstrates their commitment to fostering vibrant communities and providing attainable housing solutions. As the first phase of this ambitious project takes shape, Dorset eagerly anticipates the positive impact it will have on residents’ lives and the local environment.

LEADING THE FIELD
“This was my first time working with Imperial Blue. They were extremely resourceful and very creative in being able to make this deal happen. I would highly recommend IBF.”
Mike Bediako, Amaca Capital
(Introducer to Imperial Blue)
IMPERIAL BLUE

Funding the finest of England's real estate developers with market leading products for market leading projects

IMPERIAL BLUE

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