061CF
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TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£373,750 9.0% 65.0% 10 months
Assigned
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Additional Info

DRAWDOWN DATE : 22/07/2014
REDEMPTION DATE : 21/06/2015
FULL TERM OF THE LOAN : 11 months
INVESTMENT PERIOD : 10 months
CURRENT PROPERTY VALUE: £575,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property is a large end terrace property in the corner of the Gardens, constructed around the 1930’s of rendered solid brick construction under a double pitched tile roof. The house has been well maintained with installation of uPVC double glazed windows and gas fired central heating.

The house has been converted into a house of multiple occupation. There are 6 rooms, a couple with their own WCs and the bathroom facilities are shared. There are two common rooms which we are advised are part of the planning requirement for a house in multiple occupation.

The property is set back from the main road in a garden which is lined with similar type houses with the subject property in the corner of the garden and consequently has a large rear garden.