0128CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£635,000 6.5% 42.3% 10 months
Assigned
Loan Calculator Have a question? Click here

Additional Info

DRAWDOWN DATE : 26/11/2015
REDEMPTION DATE : 25/10/2016
FULL TERM OF THE LOAN : 11 months
INVESTMENT PERIOD : 10 months
CURRENT PROPERTY VALUE: £1,500,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The subject property comprises a semi-detached 6 bedroom Victorian period house with accommodation on lower ground, ground, first and second floors.

The property is of traditional solid brick construction under a hipped and pitched tile roof. The windows are timber framed and sliding sash and there is a dormer window within the rear pitch of the roof at second floor level. To the rear of the property there is a single storey extension under a single pitched tile roof.

The property has a forecourt to the frontage together with an extensive and one of the longest back gardens on the road to the rear.

The surrounding area is predominantly residential in nature with surrounding properties typically being semi-detached and terraced period houses. The services and facilities are within a short walk and there is a warehouse property at the bottom of the back garden.

The property is located within the London Borough of Islington and London Underground services are available from Upper Holloway station approximately 0.40 miles to the north west and Tufnell Park station which is 0.40 miles to the west.

The borrowers intend to repay the loan by refinancing.