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- Overview – In December 2021 CapitalRise provided a bridging loan to assist in the acquisition of the site. The developer utilised the time to prepare themselves for the development of the 5 new-build detached houses as per the approved planning permission along with discharging the necessary planning conditions. They are now refinancing onto a development loan with CapitalRise which investors in this opportunity can fund. Investors in the bridging loan will be redeemed and can choose whether they want to reinvest into this development loan. Investors in this opportunity will fund the refinance of the bridging loan and the development costs.
- Location – The property is located in a semi-rural location, benefitting from the privacy and greenspace associated with the countryside, with good connections to transport and local amenities. Knight Frank have considered the location a premium address for the local area.