CRESSWELL PLACE, CHELSEA - PHASE A

Investment Summary

• OVERVIEW – This project gives investors the opportunity to fund the acquisition and redevelopment of a traditional Chelsea mews property.
• PLAN – The completed property will retain the traditional exterior but be remodeled internally. The three-bedroom property will be set over four floors, including a new basement and 2nd floor 
• LOCATION – The property is located on Cresswell Place, Chelsea and sits next to The Boltons, which is a prestigious garden square just off Fulham Road.

• THE DEVELOPER – This is the second loan that CapitalRise members will have funded for the developer, Porthminster Group. The last project was successfully funded throughout 2019 and repaid in January 2020.  After a timely project completion, the Property went on to sell above asking price after a short period of time on the market, a testament to the high quality of finish Porthminster Group seek to create.
• VALUATION – Cluttons has provided an independent Red Book market valuation of the completed property of £2.65 million and £1.4 million for the current property.