Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

DRAYTON GARDENS, CHELSEA (DEVELOPMENT LOAN) - PHASE B

A PREVIOUS PROJECT BY THE DEVELOPER
funds raised

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Investment Summary

  • OVERVIEW – This investment opportunity gives CapitalRise members access to fund a development loan for the high-specification refurbishment of a property in Chelsea's prestigious Drayton Gardens.
  • BACKGROUND - In August 2019 CapitalRise investors funded a bridging loan which partially funded the acquisition of the property. The Developer was then required to obtain a License to Alter before refurbishment works could commence. Investors in the original opportunity have now been repaid and offered the opportunity to remain in the investment for the development phase.
  • PROPERTY – The property is an apartment located on the raised ground floor of a period mansion block on the eastern side of Drayton Gardens, overlooking Roland Gardens.
  • PLAN – The Developer has now received the relevant permissions to optimise the internal layout of the property. They will be converting the current three bedrooms into two well-sized en-suite bedrooms. They will also open up the existing kitchen, reception and dining room and create a substantial reception room with fireplace, benefitting from lots of natural light.
  • THE DEVELOPER – The development team have extensive experience renovating and developing properties in Central London and France (Cannes & Saint Tropez). The majority shareholder has over 25 years of experience and has completed 16 successful schemes.