Principality “go to” lender for London contemporary property developer
In this case study
How we helped
Principality Commercial supported our long-standing client, Quad Projects, in the purchase and redevelopment of a 1960s house, located on Ormond Avenue in Hampton, London.
Quad Projects are a group of private companies based in Richmond, all actively involved in architecture, property development and construction.
Nuggy Lianos, Quad Projects said “Principality Commercial has been our ‘go-to’ lender for a number of years now and the reason we keep coming back to them is because the people are a pleasure to deal with. Principality’s processes are the most straightforward and cost effective that we have come across.”
More about this project
The transformation has resulted in a contemporary and well-designed detached residence featuring a spacious open plan kitchen, dining area and lounge. The property includes a separate gym in an annex, which can be accessed through a glass-covered pathway.
The first floor consists of four bedrooms, two of which have ensuite bathrooms, as well as a family bathroom. The second floor is dedicated to the master suite, complete with a dressing room and ensuite bathroom.
Principality Commercial provided total funding of just over £1.5 million, to support the purchase and redevelopment of the property. The development completed in Summer 2024.
Chad Griffiths, Senior Relationship Manager at Principality Commercial said:
“It has been great to support another scheme for our clients, Quad Projects. This project represents a substantial conversion of an existing house to provide a truly stunning, architect designed home in a popular location. We look forward to supporting further such projects across London in the coming months.”
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