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The subject property comprises a first floor two bedroom flat in a purpose-built block (circa 1928). The property has been modernised to a high standard throughout.
The property is of traditional construction with solid brick walls under what we assume will be a flat roof. Timber suspended floors and in the main timber sash windows.
Internally the accommodation has been altered to provide a shower room with dual access to bedrooms, a larger entrance hall which acts as a dining room and an internal kitchen.
Externally there are well maintained communal gardens to both the front and rear of the building and entrance hallways.
The property is located in the established residential area within a short walk of local services and facilities, together with connections to public transport (St Johns Wood Jubilee Line tube station). It is a high value residential area in Central London with easy access to public transport and local facilities.
The borrower owns another property in the same building as the security property. The purpose of the loan is to facilitate the borrower with raising capital so as to undertake improvements to this property.
The borrower intends to repay the loan by selling the security property.