Real Estate Team support £5.5m Marylebone Townhouse Restoration

Irwin Mitchell has acted as legal adviser on a prominent prime central London project, supporting CapitalRise’s £5.5 million investment in the restoration of a Grade II listed Georgian townhouse in Marylebone.

Under the leadership of partner Ayesha Hasan, Irwin Mitchell’s real estate legal team—including Delver Punia—conducted legal due diligence for CapitalRise. The project involves restoring a property on Manchester Street, located within the Portman Estate Conservation Area, transforming it from a former HMO into a distinguished single residence.

The approved plans include a sympathetic refurbishment across five levels, featuring four ensuite bedrooms and a blend of original Georgian architecture with contemporary luxury finishes.

Expert Opinion

“We’re proud to advise on a deal which supports the revitalisation of such a historically significant property. This project reflects the strength of collaboration across the sector and the importance of preserving London’s architectural heritage while enabling modern living.” Ayesha Hasan, Real Estate partner at Irwin Mitchell 

The deal was originated by Katy Katani at CapitalRise and introduced by Emily Bevens of LEXI Finance.

Katy added: “Manchester Street is a quintessential Marylebone address, and this project represents a rare opportunity to restore a historic townhouse to its former glory. We’re delighted to support such capable developers on this Prime Central London scheme."

This latest transaction builds on previous successful collaborations between CapitalRise and Irwin Mitchell, including the legal advisory work for a bespoke new-build mansion on the prestigious St. George’s Hill Estate in Surrey.

CapitalRise was founded in 2016 by luxury property developers, and specialises in high-end property finance across the UK, with a particular focus on prime areas of London and the South East.