Residential development facility sourced for three executive homes in Heswall
09 April 2024
Peritus is pleased to announce the completion of a new development facility with Shawbrook Bank.
Willowbank Gardens is an exclusive development of three detached five bedroom properties in the village of Heswall, located on the western side of the Wirral overlooking the Dee Estuary. Heswall is located 13 miles from the Roman city of Chester and about 25 minutes’ drive from the city of Liverpool. Heswall is known as a hot spot for shoppers and diners and enjoys a strong coffee shop culture during the day becoming a restaurant destination in the evening with the likes of Gusto, Burnt Truffle and 107 Dining Room offering excellent cuisine.
There are many fine golf clubs in the immediate vicinity including Heswall Golf Club, Caldy Golf Club and of course, the Open course, Royal Liverpool, located nearby in Hoylake. The area also has good schools including the two excellent grammar schools, West Kirby and Calday Grange.
The site itself benefits from stunning views over Heswall Dales, a 72 acre area of lowland heath designated as a Site of Special Scientific Interest and a Local Nature Reserve. The panoramic views stretch across the Dales and the Dee Estuary all the way to the Clwydian Hills.
The three houses will be in excess of 4,000 sq ft each and will be built to a very high specification including the likes of underfloor heating, CCTV system, Travertine tiles to bathrooms and the kitchen which will benefit from high quality appliances. The gardens will slope down to the Dales so will be invisible from the road. Density will be low and the private driveway to the three new houses will be gated.
The clients, who had formed a joint venture with local experienced housebuilder, approached Peritus to finance the development of the three luxury homes within their substantial garden. Peritus secured a new development facility with Shawbrook Bank with a 21 month term at highly competitive pricing. The facility has been instigated and completed during the cost of living crisis however, Shawbrook Bank is confident in the contractor's ability to deliver quality homes much sought after in the location.
Our clients commented, “We have built an excellent working relationship with Peritus and Shawbrook Bank and during this transaction, they went above and beyond the call of duty in challenging market conditions to secure a facility for our scheme that promotes modern living in the heart of the Heswall countryside where we have enjoyed living for many years, the views are simply breathtaking. We genuinely believe we will build and deliver a high quality product in an area of high demand.”
Gordon Clements, Peritus noted, “In these challenging conditions, we were delighted to work with our clients and we look forward to the development making great progress during 2024. I would like to place on record my thanks to all involved in this transaction. Peritus continues to be active in the market and our team of highly experienced property professionals are all working hard to ensure our clients receive a smooth and seamless transaction, no matter what the market conditions are.”
