You could lose all your money invested in this product.
This is a high-risk investment and is much riskier than a savings account. ISA eligibility does not guarantee returns or protect you from losses.

You could lose all your money invested in this product.
This is a high-risk investment and is much riskier than a savings account. ISA eligibility does not guarantee returns or protect you from losses.

Viola Hill, Hampshire - Phase D

Open to Waitlist Only
Designer's Impressions of the Property (Left and Right)
funds raised

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Investment Summary

  • OVERVIEW – Investors in Phase A funded the refinance of existing debt, investors in this opportunity will fund the development costs for a two storey detached barn style L-shaped property with an Annex (otherwise known as the "Property"). The Property is currently under construction and is located on the outskirts of the village of Steep in East Hampshire. The Property benefits from unencumbered southerly views across the South Downs.
  • TERM – The estimated term for this investment is 7-10 months (April-July 2023). If the loan is not repaid by the end of the estimated term, returns will accrue on investments for a further 12 months from the end of the estimated term up until the hard stop date (July 2024).
  • PLAN – There was a cottage known as "The Butts" on the site and this was demolished after the site was purchased in 2019. Since then, development works have been undertaken to build a 6 bedroom luxury single dwelling with a separate 2 bedroom Annex. The development was originally being funded by another lender who withdrew during the pandemic, and the borrower has been self-funding the build. CapitalRise  refinanced the current lender (August 2022) and is providing the remaining development funding and a sales period contingency. The borrower will use this phase of funding to assist with the development costs and later phases of this opportunity will launch in the coming months to provide funding for the remaining development costs. Works have been ongoing (albeit slightly delayed) and the main house is now wind and
    watertight with the primary focus on finishing the internals The main house is expected to complete shortly with the works on the Annex to complete by October 2022. The Property will be completed to a high specification and there will be a 6-9 month sales/refinancing window following practical completion.
  • LOCATION – The Property is located on the outskirts of the village and civil parish of Steep in the East Hampshire district of Hampshire. It is located on the western edge of the South Downs National Park. The Property's elevated position has unencumbered southerly views across the South Downs. Petersfield is the nearest town and offers a range of local amenities and shopping facilities. The Property is located within good proximity to the sought after schools including Bedales. The site is close to and provides easy access to the A3 with direct links to London and/or Portsmouth.
  • PROPERTY – The proposed Property will be a two-story detached barn style dwelling with 6 bedrooms (6,629 sq.ft.) and a heated swimming pool along with a building Annex (1,733 sq.ft.) which will provide 2 x ensuite bedrooms, gym/fitness studio, bar/games room, office, sauna, massage room, pool changing with WC and shower, pool plant room and store room. The Property will benefit from sustainable energy measures. The total development is 8,362 sq.ft. 
  • THE DEVELOPER – The developer has extensive experience throughout London and large country houses in the southeast of the UK. They specialise in the luxury top end of the residential market having successfully developed similar schemes in the past.
  • YOUR INVESTMENT – CapitalRise investors will benefit from a First Legal Charge over the property, a Personal Guarantee limited to 25% of the total advance, plus cost overruns from the Guarantor. Investors will always be first in line to be repaid when a payment is made against the loan. In the event of a forced sale of the property, CapitalRise investors would recover their investment first and if the borrower is unable to repay the loan, CapitalRise will seek to force the sale of the property on behalf of investors. If a sale is achieved, the value would need to be less than 65% of the anticipated market value before your invested capital and accrued return are at risk. 
  • EXIT PLAN – In terms of exit, the borrower plans to sell the property on the open market upon completion. If a sale is not completed within the term the borrower may seek to refinance the CapitalRise debt with another lender.