0201CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£350,000 5.5% 27.0% 11 months
Assigned
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Additional Info

DRAWDOWN DATE : 04/03/2018
REDEMPTION DATE : 04/03/2018
FULL TERM OF THE LOAN : 11 months
INVESTMENT PERIOD : 11 months
CURRENT PROPERTY VALUE: £1,300,000
SECURITY : 1st charge
PROPERTY TYPE : Warehouse
TENURE: Freehold

 

The following property secured loan is available for sale, by the way of an equitable assignment, providing to the investor an annual return of 5.5%.

The security property for the loan is 1st legal charge on a partly built B1/B2 warehouse.

The value of the property amounts to £1,300,000 in total and the achievable market rental income is at £150,000 per annum, and is located in Edmonton.

The borrower intends to repay the loan by re-finance.