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- OVERVIEW – Investors in this opportunity will provide some equity release to the Borrower against the Property known as Bodens Cottage. It is currently owned unencumbered by the Borrower and has the benefit of a permitted development scheme to build two outbuildings, Outbuilding A (a game room) and Outbuilding B (Garages). The purpose of this bridging facility is to allow the Borrower to submit for planning permission for a large scheme known as Eden House, which is going to be a new build development comprising of 14,574 sq.f.t with 11,700 sq.ft above ground level on the site.
- LOCATION – The Property is located in Ascot, Berkshire, within the Royal Borough of Windsor and Maidenhead. Bodens Ride can only be accessed via electric gates, which provide access to Swinley Forest Golf Club. Situated approximately 25 miles (40km) west of central London, it is easily accessible by road via the A329 and A332 highways. The nearest train station to the property is Ascot Station, providing rail connections to London Waterloo and other destinations. The location is surrounded by green spaces and parks. Ascot Park and Englemere Pond are nearby. The Property is in close proximity of Ascot Racecourse.