Supporting delivery of a 50-unit London apartment scheme

The development

This development transformed the site of a former four-storey public house at the junction of The Vale and East Acton Lane into a new residential apartment scheme in the London Borough of Ealing. The completed scheme is made up of 50 apartments arranged across five and six storeys including a mix of one, two, three and four-bedroom homes, all with balconies. A lower ground floor level was also excavated to provide car parking. 

The location combines strong transport links with access to green space and local amenities. Acton Park sits directly opposite the development while Shepherds Bush and Westfield are only a short journey away. Several tube, rail and bus connections are within walking or cycling distance, helping make the scheme attractive to a broad range of buyers and residents. 

The funding requirement

The scheme had senior funding from RBS / NatWest with additional capital required to assist with build costs during delivery. 

As with many larger residential developments, the senior facility did not cover the full funding requirement. A mezzanine layer was therefore needed to complete the structure and support progress throughout the build. 

The funding solution

Property Box Finance provided a £2.5m mezzanine facility structured behind the senior lender. The funding supported delivery of the scheme through the construction phase, helping maintain momentum on a substantial multi-unit development in a competitive London market. The structure worked alongside the senior debt facility and formed part of the wider capital stack for the project. 

The outcome

The development has now been completed, delivering 50 new apartments in a well-connected part of West London. 

The scheme reflects continued demand for professionally delivered residential developments in locations with strong transport access, local amenities and long-term rental and owner-occupier appeal. 

Scott Arnot, business development director at Property Box Finance, said: “This was a substantial residential scheme in a strong London location. Our role was to provide an additional layer of funding alongside the senior lender to support delivery and help the development move through construction successfully.”