Conversion & Refurbishment

Refurbishment of Kensington terrace

This development will create a student rental scheme.

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We have provided a £7.35m gross loan over 15 months for the refurbishment of six Victorian townhouses in West Kensington. These townhouses are currently configured as six HMO beds per house and will be refurbished into modern and comfortable accommodation. They are in a fantastic location and will provide an excellent opportunity for an investor once completed.

Gross Loan

£7.35m

Term

15 months

LTV

70%

Units Created

6 Houses (36 beds)

Exit Method

Sale

"It is fantastic to be working with Rengen on this scheme. This redevelopment is in a prime location and when complete, will offer an excellent investment opportunity."

- Matt Measures, Senior Investment Manager

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