Acorn secures funding for residential development in South Wales

June 27, 2018

Acorn Property Group’s Cardiff office has secured funding with United Trust Bank for its residential development The Links in Porthcawl, South Wales.

Acorn is developing the project in a joint venture with the landowner and has spent two years securing listed building approval and new build planning consent.

The project will see the conversion of a former convalescent hotel into a mix of thirty-five, 1, 2 and 3 bedroom apartments on a site adjacent to Royal Porthcawl Golf Course which hosts the Senior Open. The site also overlooks Rest Bay, one of South Wales’ most popular surfing beaches with completion expected in 2019. A second phase of development will see an additional thirty-four new build apartments with work due to start in 18 months. Intelle Construction has been appointed as principal contractor for the conversion work.

James Groombridge, Regional Managing Director for Acorn’s Cardiff office said: “Having spent the last two years obtaining a new planning consent and listed building approval as well as undertaking over six months of pre-conversion works, it is really exciting to have finally started on the 18-month programme to convert the former convalescent hotel. As well as being a fabulous building, the location is superb, and it is no surprise that we already have more than 600 prospective buyers registered on our database.”

Blog

Related Posts

See all

International Women’s Day 2023

To celebrate both International Women’s Day and Women in Construction Week we’re championing some of our female Acorn team members The world of construction can still be largely male dominated, bu
More >>

Buying a Home With Acorn

10 STEPS TO BUYING A HOME WITH ACORN Buying a house is an exciting milestone but a daunting prospect at the same time, but we’re here to help guide you through the process and make it as easy as po
More >>

EPC Rating explained

EPC Ratings Explained The cost-of-living crisis coupled with becoming more aware of our carbon emissions has meant that the energy efficiency of our buildings has never been more important EPC is the
More >>

Papa John’s and Spar join The Old Printworks

Papa John's and Spar Occupy Commercial Space At The Old Printworks, Frome International pizza chain Papa John’s and SPAR convenience store are the latest businesses to take up commercial space at T
More >>

Top Tips on Selling your Home

Top Tips on Selling Your Home Are you thinking of selling your home this year Rightmove has reported a record number of people putting their homes up for sale on Boxing Day, with 46% more properties
More >>

Get Mortgage Fit

Get Mortgage Fit If your new year’s resolution is to get mortgage fit, then read on to check out our top tips on how to maximise your chances of getting a mortgage approved Getting a mortgage for t
More >>

Contemporary Show Apartment now open at St. Leonards Quarter, Exeter

A brand-new Marketing Suite and Show Home have been officially opened at St Leonards Quarter, Exeter Our first Exeter based project, the development will see 146 new open market and affordable homes
More >>

Sustainable Christmas Wrapping Solutions

Sustainable Christmas Wrapping Solutions Everyone here at Acorn loves a beautifully wrapped gift Whether it’s the uniquely created Penguin Book themed wrapping at The Old Print Works or a beautiful
More >>

Exchange on the land purchase for new homes in Gloucestershire

We are pleased to share we have exchanged on the land purchase for a new £6m GDV site in the sought-after village of Greet in Gloucestershire Manor Court is set within an Area of Outstanding Natur
More >>

Hoarding Artwork at Brooks Dye Works

Artwork at Brooks Dye Works Makes the Hoarding a lot Brighter Together with Galliard Homes and St Pauls Carnival we have unveiled the hoarding artwork created by local artist Emma J Holloway (aka Urb
More >>

Energy Savings with New Homes

Energy Savings with New Homes Rising energy costs are impacting everyone For those looking to buy a new home, according to the research from the Home Builders Federation (HBF), there is an opportunit
More >>

Women in Construction – Denise Fleming

At Acorn Property Group we support women in the construction industry - here we chat to Denise Fleming on her role and career path, how she feels about being a woman in an industry that is still v
More >>