059
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£240,000 7.0% 53.3% 2.5 months
Assigned
Loan Calculator Have a question? Click here

Additional Info

DRAWDOWN DATE : 18/07/2014
REDEMPTION DATE : 17/06/2015
FULL TERM OF THE LOAN : 11 months
INVESTMENT PERIOD : 2.5 months
CURRENT PROPERTY VALUE: £450,000
SECURITY : 1) 1st charge; 2) 1st charge
PROPERTY TYPE : 1) Residential; 2) Residential
TENURE: 1) Leasehold 23 years unexpired; 2) Leasehold 23 years unexpired

Both properties comprise purpose built ground floor flats located within the large four storey block containing 42 flats and likely dating from the inter war period and probably built about 1935.

Both flats are approached by a communal entrance hall. The properties have the following accommodation: entrance hall | lounge | 2 bedrooms | bathroom/WC. The properties are connected to all mains services which includes mains water and drainage, gas and electricity and there is gas fired central heating.

The properties are of traditional construction, main walls are constructed in solid brickwork with the properties being enclosed under a flat roof, the surface of which was not visible from ground level. The properties have a solid floor throughout together with modern UPVC double glazed windows.

Both properties are located in an established residential area close to local shopping facilities in Acton and within easy reach of Acton railway station.