Portfolio

Residential, Kent

Author
Denny Lane

Prospect Capital was pleased to fund the purchase of a substantial site in Kent. The main residence is a nine-bedroom residential property, recently refurbished to a high standard. The site also comprises a six-bedroom house, two four-bedroom cottages, two three-bedroom cottages, ancillary buildings and equestrian buildings including 39 boxes, fenced paddocks and woodland, set within approximately 108 acres.

On completion of the purchase, the couple intend to split the title for all individual properties. Once the titles are split the properties will be marketed for rent. The clients will retain the main principal residence and once Prospect Capital are redeemed, they will move their family into the property.

The UK-based clients each own and operate successful trading businesses, both provided up to date audited financial statements to confirm their ability to comfortably service the facility.


01
Key Facts

Advance

£4.5m

Term

12 Months

LTV

65%

CONTACT

To begin a discussion about working with Prospect Capital, please contact Denny Lane on +44 (0)1534 710946 or email denny.lane@prospectcapital.je