0169CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£259,000 8.0% 70.0% 6 months
Assigned
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Additional Info

DRAWDOWN DATE : 28/07/2016
REDEMPTION DATE : 30/01/2017
FULL TERM OF THE LOAN : 6 months
INVESTMENT PERIOD : 6 months
CURRENT PROPERTY VALUE: £370,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property is a 2 bedroom detached, 2 storey house and with a small single storey rear extension and a detached garage.

 

To the single storey rear extension, the walls are rendered with a flat roof over.

Broxbourne mainline station is just over half a mile to the north-west. Bus routes serve the locality.

 

Good vehicular access is afforded to the area with the M25 and A10 both in close proximity. There is an array of local retailers located to the High Road, just under a mile to the west.

 

There is an array of schools nearby, predominantly primary schools, including Wormely Primary School, St. Cross Roman Catholic Primary School and Broxbourne Junior School.

 

The borrower intends to repay the loan by refinancing.