
Northern property development nears completion
28th October 2025
In return for 16% p.a. interest, Crowdstacker lenders provided mezzanine funding of £290,000 for a refurbishment project in Scarborough.
The developer bought two neighbouring properties which had been used as a nursing home in recent years, with the aim of repairing, reconstructing and reconfiguring them to form a block of apartments.
Work on site is nearing completion with all elements of the build in the final stages.

We've documented the journey so far on this project in our latest update video, which you can view here.
You can see more videos and written updates from all the other projects we have run and are currently running, on our blog page here.