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TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£245,000 8.0% 73.8% 4 months
Assigned
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Additional Info

DRAWDOWN DATE : 07/11/2014
REDEMPTION DATE : 08/06/2015
FULL TERM OF THE LOAN : 11 months
INVESTMENT PERIOD : 4 months
CURRENT PROPERTY VALUE: £332,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Leasehold 66 years unexpired

The subject property comprises a first floor flat in a converted Edwardian building, likely to date from around 1905.

The property is in the process of refurbishment. The internal accommodation comprises: bathroom/WC, reception/kitchen and bedroom.

The subject block is constructed of part fair faced brickwork and part tile hung elevations under pitched roofs covered in plain tiles. The rainwater goods are in PVC. The windows to the subject flat are in timber, with single glazing. Internal walls and partitions are of part solid construction and part timber framework cladded in plasterboard. The floors are of suspended timber design. The ceilings are of plasterboard design.

The property is located in an area of residential use in Hampstead.

Hampstead Underground Station is approximately 0.4 miles to the north. Belsize Park Underground Station is approximately 0.5 miles to the south-east. Hampstead Heath over ground train station is 0.5 miles to the west, with Finchley Road overground train station approximately 0.5 miles to the south-west.