Albatross Lending Group provides £6.8m facility for Chelsea refurbishment

Albatross Lending Group has provided a £6.8m loan for the refinance and refurbishment of a residential property in Chelsea. 

The funding will help finish the renovation and interior fit-out of a double-fronted, four-storey period house.

The 3,500 sq ft townhouse is in shell condition and part-way through a redevelopment. 

The borrower will now install a custom staircase, large lightwell and bespoke joinery throughout.

Nils Raber, associate director at Albatross Lending Group, said: “This facility reflects Albatross Lending Group’s commitment to supporting high-quality residential redevelopment in London’s prime postcodes. 

“The scheme benefits from strong fundamentals, experienced professional teams, and a clear, viable exit strategy.”

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