0176CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£312,000 6.75% 52.8% 6 months
Assigned
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Additional Info

DRAWDOWN DATE : 17/10/2016
REDEMPTION DATE : 17/04/2017
FULL TERM OF THE LOAN : 6 months
INVESTMENT PERIOD : 6 months
CURRENT PROPERTY VALUE: £480,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Долгосрочная аренда

The property comprises two basement level ancillary areas which, after conversion will comprise 2 separate self-contained flats within a detached and extended block arranged over 6 storeys.

 

The property lies 7 miles southeast of Central London and 2 miles east of Streatham High Street.

 

Local amenities are all close by including a Sainsburys within 250 metres. Gipsy Hill Station serving London Bridge, Charing Cross and Waterloo is located 650 metres to the north.

 

The borrower intends to repay the loan by selling the security properties.