068CF
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TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£295,000 7.5% 47.2% 11 months
Assigned
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Additional Info

DRAWDOWN DATE : 14/08/2014
REDEMPTION DATE : 13/08/2015
FULL TERM OF THE LOAN : 12 months
INVESTMENT PERIOD : 11 months
CURRENT PROPERTY VALUE: £625,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property is a mid terrace building, two storey in design of solid brick construction with a double pitched tiled roof built originally around the turn of the last Century. The windows have been replaced by uPVC double glazed windows. The rainwater goods are uPVC.

The property has a rear garden and off road parking for one car which is a benefit in this particular part of London.

The house has been converted into 6 self contained bed sits each with its own shower/WC and kitchen facility. Two flats have their own gas central heating system serving radiators and the remainder are heated by electrical storage heaters.

The proposed security is located in a long residential street of similar type Turn of the Century constructed houses. The street is located just North of the A406 North Circular Road close to Palmers Green Railway Station. It is located within the administrative borough of Enfield. Palmers Green is 7.6 miles north of Central London.