The Charles Street team provided £950,000 in development funding for the build, which saw construction of the properties directly into the rock face.

The properties feature garage space at the ground floor, bedrooms on the first floor and living space on the second floor delivering views of the Menai Strait and the suspension bridge.

The scheme, situated on Beach Road, was purchased in July 2021 for £535,000 with planning permission granted for two dwellings.

Having already demolished existing buildings and excavated the site along with the installation of drainage and raft foundations, developer Gary Poole sought a development loan from Charles Street to cover the total build and professional fees for the project.

The properties are now achieving a £2.7m GDV, Charles Street Finance said.

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In addition to requiring a technical approach to constructing the homes into the rock face, flood risk also had to be factored into the design of the project.

The now-completed homes are expected to secure a sales price of £1.4m each and are currently being offered for sale on the open market.

Gary said: “Locations as unique and impressive as this hardly ever come onto the market, so it was important that I was able to move quickly and effectively on this opportunity. I was fortunate to have found a finance partner who could support my vision and its technicalities in both a similarly quick and effective way.”

Tom Garthwright, property development manager at Charles Street, said: “We were delighted to support our repeat customer on this impressive residential development. From the outset we understood the vision that Gary had for the site and his ability to deliver a first-class product.”