Project Location: South West London
Project GDV: In excess of £3.7 million
Mezzanine Funding Facility: £500,000
Funding Security: Second charge with an agreed Deed of Priority
Facility Period: 9 months
This stylish development was constructed on the site of a former public house and comprised 6 two bedroom duplex units and 2 three bedroom apartments. Calmez provided mezzanine funding of £500,000 on a fixed term of 9 months secured with a second charge.
Demand for this development was outstanding with all units sold or reserved well before completion and no wonder; the combination of location and stylish specification was excellent. The site was a former public house and occupies a great location in this quiet tree lined residential road in South West London within easy reach of local tube and Overground stations.
Our experienced developer client has been careful to make best use of the site to provide spacious two bedroom maisonettes and three bedroom apartments with some having outside space.
CALMEZ offers developer loans and developer funding in the form of mezzanine funding to property developers and builders with proven track records and whom meet the lending requirements of both our prime lender as well as our own. For more information then please contact us here or by calling 0207 096 1900.