Portfolio

Prospect Capital assisted with the acquisition of a beautiful property within London’s Royal Borough of Kensington & Chelsea.

The property is situated in a sought after residential road, forming part of a mixed commercial and residential area which is highly convenient for all local and Central London amenities, shops and public transport links. This impressive property comprises the freehold interest in a five-bedroom end of terrace house, benefiting from a recent refurbishment.

Our client was highly motivated to purchase this off market property for £11m via his offshore trust. The vendors had received a number of offers, but agreed to sell to our client on the basis of a quick completion. Although competition from other lenders for this appealing opportunity was strong, Prospect Capitals terms and our track record in this sector enabled us along with our client to successfully complete this transaction within the agreed timescale.