SME housebuilder, Blueprint Property Group, to develop new residential scheme in Essex following £11m loan from OakNorth.
OakNorth, the neobank for entrepreneurs, by entrepreneurs, has provided a £11m loan to SME housebuilder, Blueprint Property Group.
The £11m loan from OakNorth will be used to develop a new 10-acre residential scheme, consisting of 15 five-bedroomed detached homes. Situated in the popular and rural village of Doddinghurst, South Essex, the site is c. four miles from Brentwood town centre and Shenfield train station, which offers regular trains into central London in under an hour.
About Blueprint Property Group: Founded 2009 by Alan Perry, Blueprint Property Group specialises in residential development, sales, and lettings, as well as land acquisitions and disposals. Headquartered in Brentwood, Essex, the group has completed numerous residential schemes across the county, ranging from one-bedroomed flats to large detached homes. Its latest completed sites include the development of eight apartments in Richborough Court, Brentwood, two detached homes along Broadley Common in Epping, and 11 flats within Primrose Mews in Brentwood.