£3.4m Equity/JV Funding for Complex Richmond Development

Funding Wise secured £3.4m equity funding for 11 Richmond apartments in 2 weeks via private investor. Allowing the developer to convert prime London buildings with >60% profit potential.

At a glance

The Project

The client approached FundingWise seeking £3.4 million in equity funding to acquire and redevelop a cluster of existing buildings in Richmond.

The goal was to convert and refurbish these properties into 11 high-quality 1- and 2-bedroom apartments, taking advantage of prime London location and exceptional development margins.

The site was strategically located: 50 yards from Richmond Green and 150 yards from the river, offering strong demand for refurbished, modern residences.

The project involved a combination of lease regearing, refurbishment, conversion, and a mansard extension, with the potential to expand the total space from 7,357 sqft to 9,224 sqft.

The Challenge

The opportunity was time-sensitive and highly complex.

The project involved:

Multiple income-generating buildings with different leases and tenants
Refurbishment and structural work, including a mansard extension
Tight London planning and property market timelines
A need for speedy access to flexible funding, as delays could result in losing the opportunity

The client required a funding solution that could act in days rather than weeks, while accommodating the intricacies of the scheme.

The Funding

Equity/JV funding: £3,400,000 secured
Timeframe: Committed within 2 weeks
Structure: Flexible equity funding tailored to acquisition and refurbishment needs
Funder type: Private individual with experience in complex development opportunities

The Solution

FundingWise leveraged its extensive private funding network, identifying a high-net-worth individual with a strong understanding of the scheme’s complexity and profitability.

FundingWise handled the presented and packaged of the project, ensuring the funder fully understood the construction, refurbishment, and financial potential of the development, enabling a fast and decisive commitment.

The Result

FundingWise provided a strategic bridge between client vision and private funder, demonstrating their ability to match complex projects with the right capital.

Funding was secured and committed in just two weeks, allowing the client to acquire the buildings without delay
The project has a clear path to high-quality residential conversion, with significant upside in one of London’s prime locations

This case highlights FundingWise’s ability to deliver rapid, bespoke funding solutions for complex, high-value projects, bridging the gap between client opportunity and strategic capital.