055CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£250,000 7.0% 45.5% 6 months
Assigned
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Additional Info

DRAWDOWN DATE : 13/06/2014
REDEMPTION DATE : 12/05/2015
FULL TERM OF THE LOAN : 11 months
INVESTMENT PERIOD : 6 months
CURRENT PROPERTY VALUE: £550,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property comprises a detached house estimated to have been built circa 1910 with a small courtyard gardens to front and rear and a store shed.

It is a three storey house with Planning Permission for conversion into three flats. These will comprise a two bedroom flat on each of the ground and first floors and a one bedroom flat on the second floor.

The property is of traditional construction, main walls are constructed in solid brickwork and the roof slopes are clad with tiles.

The property fronts onto a fairly busy main road in a mixed commercial and residential area. The property is about half a mile away from the centre of Harrow with its good range of amenities and about quarter of a mile from Harrow-on-the-Hill station with both overground and underground connections.