0186CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£227,800 8.0 % 67.0% 8 months
Assigned
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Additional Info

DRAWDOWN DATE : 08/12/2016
REDEMPTION DATE : 08/08/2017
FULL TERM OF THE LOAN : 8 months
INVESTMENT PERIOD : 8 months
CURRENT PROPERTY VALUE: £340,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property is a two storey semi-detached Victorian house with 3 bedrooms of rendered solid brick construction with a pitched tiled roof and a flat felted roof to the rear extension.

 

There is an off-street parking in front of the house and a garden to the rear.

 

The property is situated in the Freezy Water district of Enfield and the surrounding houses are mixed Victorian to 1970’s dwellings.

 

There is a mainline rail service at Enfield Lock station, 650 metres to the southeast and a London Overground service from Turkey Street station, 950 metres to the southwest.

 

The borrower intends to repay the loan by selling the house.