Prospect Capital assisted with the refinance of an apartment located along Kensington Church Street, close to its junction with Notting Hill Gate, within Kensington (forming part of the Royal Borough of Kensington and Chelsea). It is convenient for the multitude of facilities and amenities in and around Central London, together with easy access to London’s West End.
The subject property comprises the leasehold interest in a one-bedroom, fourth floor flat within a five storey, purpose-built block. The building appears to have been constructed circa the 1970s. The block comprises approximately 22 flats together with retail elements at ground and first floor levels, which front Kensington Church Street.
Prospect Capital is working with the overseas client to refinance his UK assets, and this is the third transaction within his UK portfolio.