Portfolio

London, NW8

Author

Denny Lane

Prospect Capital was pleased to engage a seasoned UK developer, and assist with the acquisition of a substantial property in NW8. The asset has planning for the demolition of the existing dwelling and erection of a two-story building with basement level to provide six self-contained apartments. Prospect Capital has agreed to provide an additional £6.2m Development Funds on a drawdown basis.

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Key Facts

Advance

£5.5m

Term

24 Months

LTV

60%

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CONTACT

To begin a discussion about working with Prospect Capital, please contact Denny Lane on +44 (0) 1534 288 977 or email denny.lane@prospectcapital.je