Stonewood Partnerships secures £3.7m Paragon funding for development

Stonewood Partnerships has secured a £3.7m funding package from Paragon Development Finance to support an 18-home development in Wiltshire.The ‘Courtyard’ development is located on the site of a historic mansion in Calne that belonged to the Harris meat family. It is set to comprise 11 new build and seven conversions of the remaining grade II listed buildings on the estate. Four two-bedroom apartments and a one-bedroom apartment will be developed in a former stable block, while a former coachman’s cottage will be extended to become two two-bedroom cottages. The cottage was part of a former malthouse dating back to 1758 and had, in 1826, housed the town’s fire engine.The cottage and stable block had most recently been used as a social club until it closed after going into receivership in 2015.The 11 new homes will be grouped around a central courtyard and public space on the site of the mansion once known as Woodlands. They will include seven three-bedroomed terraced homes, three three-bedroomed cottages and a one-bedroom bungalow.Paragon Development Finance relationship director Toby Burgess and portfolio manager Joshua Mann led the deal on behalf of the bank.Woodlands was built by Charles Harris after purchasing the land in 1869. His family company, C&T Harris pork processing, employed 2,000 people in the town at its peak.