The £11.7m GDV scheme will offer 23 affordable apartments, 18 of which will qualify for the government’s Help to Buy programme.
Residents will benefit from approximately 200 sq m of communal amenity space and a private balcony on the vast majority of apartments, or designated outside space.
In keeping with the developer’s commitment to reduce carbon emissions, the scheme will have cycle parking, extensive green roofing, and rainwater harvesting.
New trees will also be planted in the vicinity of the project, which is walking distance to Broomfield Park, a 21-hectare public space with nature conservation status.
The loan was agreed on a 21-month term.
- 'If you overpay for the land, you'll never recover from that', warns Shojin CEO
- Maslow lends £18.9m for Birmingham residential project
- Maslow provides £13.7m for London office redevelopment
Emma Burke, deal origination at Maslow Capital, said: “Camrose London is an innovative developer with decades of experience.
“We are delighted to support it on this new scheme, which will create much needed modern homes in a popular north London location.
“We have been very impressed by previous Camrose projects which have demonstrated the company's commitment to beautiful and inspiring living spaces.”
Ellis Sher, CEO and co-founder of Maslow Capital, added: “SME housebuilders play a vital role in the UK’s housing output.
“As a lender that recognises the contribution of all housebuilders, we are delighted to support Camrose London with this development facility.”