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London, NW8

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.

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.

Denny Lane, Prospect Capital Director

Key Facts

  • Advance:£5.5m

  • Term: 24 months

  • LTV: 60%

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