0199CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
508,000 7.50% 81.00% 7 months
Assigned
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Additional Info

DRAWDOWN DATE : 10/03/2017
REDEMPTION DATE : 10/10/2017
FULL TERM OF THE LOAN : 7 months
INVESTMENT PERIOD : 7 months
CURRENT PROPERTY VALUE: 222,000
SECURITY : 1st charge
PROPERTY TYPE : Residential

The following property secured loan is available for sale, by the way of an equitable assignment, providing to the investor an annual return of 7.50%.

The security property for the loan is 1st legal charge on a two bedroom ground floor flat forming part of a traditionally built 3 storey end of terrace house.

The value of the property amounts to £222,000 and it is located in Tottenham, London.

The achievable market rental income is at £16,200 per annum.

The borrower intends to repay the loan by refinancing.