The duplex flat currently offers three luxury bedrooms predominantly spread across the first level of its split-level arrangement.

The 70% LTV facility will enable the client to carry out comprehensive refurbishment of the property and some light remodelling.

The works will see the creation of a fourth bedroom in place of the original kitchen, and the enlargement of the current sitting room to build the new kitchen.

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The client will also develop the flat’s mezzanine level over the master bedroom to include a walk-in wardrobe.

Lee Francis, lending director at CapitalRise, commented: “We are extremely proud and delighted to be working on a new property with a highly experienced developer, who has a wealth of knowledge and a successful track record of projects in prime central London.

“We are well known for funding loans for property projects in prime central and outer London, as well as the Home Counties, and this project demonstrates our ability to deliver these bespoke deals in sought after areas.”