064CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£329,000 9.0% 70.0% 6 months
Assigned
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Additional Info

DRAWDOWN DATE : 04/08/2014
REDEMPTION DATE : 03/03/2015
FULL TERM OF THE LOAN : 7 months
INVESTMENT PERIOD : 6 months
CURRENT PROPERTY VALUE: £470,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property is a three storey semi detached house, originally constructed at the turn of the last Century of solid brick under a pitched roof with bay windows. The original roof covering has been replaced with a tile covering.

The building has been divided horizontally into 3 self contained flats, each with their own gas fired central heating boilers. The ground floor and first floor flat are one bedrooms, and the second floor flat is a one/two bedroom flat.

There is an area to the front of the building for 2 off road car parking spaces and there is a rear garden that is accessed directly from the ground floor flat.

The property is located on a residential street, opposite a primary school of mainly Victorian and inter war houses both owner occupied and private and social renting. The surrounding is predominantly suburban residential within an area known as Friern Barnet.

It is located within the London Borough of Barnet and is a suburb 7.4 miles north of Central London. The centre of Friern Barnet is formed by the intersection of Colney Heath, Woodhouse Road and Friern Barnet Road.

The main North Circular Road bisects the southern part. The nearest London Underground Stations are Arnos Grove and Finchley Central. The nearest railway station is New Southgate.