0157CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£510,000 6.0% 23.2% 6 months
Assigned
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Additional Info

DRAWDOWN DATE : 12/07/2016
REDEMPTION DATE : 12/01/2017
FULL TERM OF THE LOAN : 6 months
INVESTMENT PERIOD : 6 months
CURRENT PROPERTY VALUE: £2,200,000
SECURITY : 1st charge
PROPERTY TYPE : Commercial/Residential
TENURE: Freehold

Property 1. Comprises of a split level ground and first floor one bedroom flat which is located behind a shop with rear access.

 

Property 2. Comprises of a one bedroom ground floor flat which is a former converted shop unit with front access. The property also has a first and second floor flat which access from the main road.

 

Property 3. Comprises of a mixed use three storey building. There is a commercial unit which is located on the ground floor and there are two studio flats situated on the upper floor level both have rear access

 

Property 4. Comprises of a mixed use building consisting of a light industrial building split into six workshops, a small office and a commercial unit.

 

 

All the above properties are situated within close proximity to local transport links and amenities.

 

The borrower intends to repay the loan by refinancing with a mainstream lender.