0190CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£220,000 6.75% 55.0% 9 months
Assigned
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Additional Info

DRAWDOWN DATE : 05/01/2017
REDEMPTION DATE : 05/09/2017
FULL TERM OF THE LOAN : 9 months
INVESTMENT PERIOD : 9 months
CURRENT PROPERTY VALUE: £400,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property is a three bedroom residential dwelling located in the centre of the north east Essex village of Kelvedon.

 

The property has just been refurbished with an on-site parking. It comprises an end terraced 2 storey period building Grade II listed, of late 17th century origins with later additions.

 

The building is constructed of old timber frame and part solid brick walls rendered externally under a pitched and tiled roof. The ground floors are suspended timber and solid construction the first floors are of timber construction.

 

The property is located in the centre of the north east Essex village of Kelvedon approximately 8 miles south west of Colchester. Kelvedon comprises of residential dwellings and small local shops. It also provides a range of services and amenities for most daily needs and has a main line railway station connecting to London Liverpool Street journey time 50 min approx.

 

The borrower intends to repay the loan by refinancing.