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£421,218 repaid to New Road, Chatham Investors

6th October 2023

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Investors in the New Road PDL have been repaid £364,000 of capital and nearly £58,000 of interest along with the repayment of the original loan.

The borrowers used the funds to finance the last few months of a project to build two linked apartment blocks in Chatham, Kent. 

Work is now complete and the buildings have been refinanced. The funds raised have been used to repay the PDL and this along with the interest owed has been deposited back into Crowdstacker investors' accounts.

We've pulled together a short video so you can see for yourself how the money was used to create the apartments which were designed to appeal to local families and young people. The result is a striking, modern building with bright and well designed flats.

You can check out the video here.


Crowdstacker features investments just like this one and all the information potential investors need can be found on our investment page.