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TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£50,000 9.0% 65.0% 6 months
Assigned
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Additional Info

DRAWDOWN DATE : 18/07/2014
REDEMPTION DATE : 17/02/2015
FULL TERM OF THE LOAN : 7 months
INVESTMENT PERIOD : 6 months
CURRENT PROPERTY VALUE: £400,000
SECURITY : 2nd charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property is a two storey plus loft conversion end terrace house comprising 4 bedrooms. It was constructed around the turn of the 20th Century of part painted rendered solid brick elevations under a double pitch slate roof with two storey rear addition under a mono-pitched slate roof.

The property has been refurbished to convert the loft into a bedroom and all rooms have been redecorated and floors covered with laminate flooring. There is also a single storey rear extension with rendered outer elevations beneath a flat felt roof covering which has been constructed within the last 12 months.

New kitchen and bathroom fittings have been installed as well as new uPVC double glazed windows. New gas central heating system has been installed with a combination boiler serving radiators throughout.

The property is located just off the main High Road through Tottenham which is part of the A10 leading to Enfield to the north and central London 8 miles to the south-west. The North Circular Road (A406) is just a few minutes drive north.