082CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£650,000 6.0% 22.4% 11 months
Assigned
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Additional Info

DRAWDOWN DATE : 12/11/2014
REDEMPTION DATE : 12/10/2015
FULL TERM OF THE LOAN : 11 months
INVESTMENT PERIOD : 11 months
CURRENT PROPERTY VALUE: £2,900,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Leasehold 987 years unexpired

The property comprises of a second floor flat with three double bedrooms and two bath/shower rooms in a six storey end of terraced building, believed to have been built in the 1880’s. There are four self-contained flats and a Hairdresser shop at ground floor level. The flats are all accessed via a communal hall and staircase.

The property is of traditional construction, main walls are constructed in solid brickwork and main roof slopes are pitched slated.

The property is located in a very central location in a very popular residential area. The property is on the corner of John Princes Street and Margaret Street very close to Cavendish Square. The property is a short distance north of Oxford Street which obviously offers excellent shopping and transport facilities. Oxford Circus tube station is within easy walking distance.