0166CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£789,000 7.0% 56.0% 11 months
Assigned
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Additional Info

DRAWDOWN DATE : 12/08/2016
REDEMPTION DATE : 12/07/2017
FULL TERM OF THE LOAN : 11 months
INVESTMENT PERIOD : 11 months
CURRENT PROPERTY VALUE: £900,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The subject property comprises an end of terrace 5 bedroom dwelling arranged over ground and three upper floors which forms part of a larger development of similar properties which were constructed during the period 2010-2012.

 

Currently the property is undergoing conversion into two, two bedroom flats.

 

The property benefits from metal double glazed windows and has been designed to a contemporary style.

 

The subject property is located in Holloway, within an established residential area immediately opposite St Mark’s Church of England Primary School.

 

The borrower intends to repay the loan by refinancing.