Lusso Residential Developments Ltd.

Lusso Residential Developments Ltd. is a UK-based company specializing in the development and sale of high-quality residential and luxury park homes, designed for permanent living and tailored to meet individual specifications. Founded in 2005, Lusso Residential Developments Ltd. operates from its headquarters in Weybridge, UK.

The company focuses on creating bespoke park homes and has completed three significant deals, with the most recent deal occurring in December 2017 when Ashridge Capital invested GBP 0. 60 million during a GROWTH funding round, bringing the total amount raised to GBP 0. 60 million. Lusso Homes specializes in the development and sale of high-quality residential and luxury park homes designed for permanent living.

Their primary offerings include bespoke park homes that are customizable to meet individual specifications, as well as pre-designed models such as the Harbur H3 and the Prestige series. These homes are located within the exclusive Tye’s Close estate in Ludford, Lincolnshire, providing a tranquil living environment surrounded by landscaped grounds. The company primarily serves clients aged 45 and above, seeking a luxurious lifestyle in a retirement or semi-retirement context while marketing its products mainly within the UK. Lusso Homes generates revenue through the direct sale of its park homes, which are priced at varying levels depending on specifications and features.

Bespoke homes can range from GBP 265,000 to GBP 295,000 based on customization options and sizes. The business operates on a direct-to-consumer basis, enabling homeowners to purchase their homes outright, often with luxury upgrades available such as decking and hot tubs. The company also earns a commission of up to 10% on the resale of homes within the park, aligning their interests with client satisfaction and comfort. In December 2017, Lusso Residential Developments Ltd.

secured a GROWTH funding round of GBP 0. 60 million from Ashridge Capital, which will be utilized to enhance their product offerings and expand their reach. The company is focused on designing new park home models aimed at attracting additional clientele. Future plans also include exploring opportunities in emerging markets within the UK, targeting regions known for retirement living by 2025.