The lender said the facility will support the transformation of the period home into a high-quality turnkey residence.

Located on Chepstow Crescent within the Royal Borough of Kensington and Chelsea, the property is located in the heart of Notting Hill.

The property is a mid-terrace family house, originally built in the 1840s, arranged over five levels from lower ground to third floor.

It currently includes a one-bedroom flat on the lower ground floor, which has been refurbished more recently than the main house.

The property also has a first-floor terrace and a rear ground-floor patio. Upon completion of the proposed works, the property will extend to approximately 2,400 square feet.

The project will include a comprehensive refurbishment of the existing property together with a single-storey rear extension.

•   The Finance Professional Show 2025: The Video
•   CapitalRise funds Hammersmith scheme with £8m
•   CapitalRise enters Welsh market with £5.6m development deal

Upgrades will be undertaken throughout the home, while the ground-floor accommodation will be reconfigured to create a formal reception room at the front of the house and a dining room to the rear.

The loan was originated by Lee Francis, head of origination at CapitalRise.

He said: "This transaction demonstrates CapitalRise's continued ability to support high-quality refurbishment projects in some of the most prestigious residential locations.

“Chepstow Crescent is one of Notting Hill's most sought-after addresses, and the planned works will significantly enhance what is already an attractive period property.

"The borrower combines substantial financial expertise with a clear vision for the asset, supported by an experienced contractor with direct knowledge of the local market.

“We are delighted to provide the funding required to support the project, and look forward to seeing the completed refurbishment."