057CF
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TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£490,000 9.0% 61.3% 2 months
Assigned
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Additional Info

DRAWDOWN DATE : 25/06/2014
REDEMPTION DATE : 24/12/2014
FULL TERM OF THE LOAN : 6 months
INVESTMENT PERIOD : 2 months
CURRENT PROPERTY VALUE: £800,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property is a semi detached house set in 1 acre of land, originally built over 100 years ago of solid red brick construction with double pitched tile roof and extended substantially on the ground floor around a few years ago of cavity red brick construction with block inner walls under a flatted felt roof.

The original house has been modernised and all window frames are hardwood and double glazed. Heating is provided by a gas fired radiator system.

The property is set within its own grounds with border panel fencing, and entrance is via electronic wooden gates. The front of the house fronts onto the private road.

Internally, the property has been modernised to a good standard with hardwood flooring and tile surfaces.
Within the grounds is an outdoor swimming pool and a single storey timber framed office unit, which we understand did not require planning permission.

The property is situated on a private non adopted road, which forms part of a bridle path in a village known as Bricket Wood which is within the County of Hertfordshire. Bricket Wood railway station is served by London Midland Service that runs between St Albans Abbey and Watford Junction stations.