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TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£435,000 6.5% 58.0% 9 months
Assigned
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Additional Info

DRAWDOWN DATE : 05/11/2015
REDEMPTION DATE : 05/09/2016
FULL TERM OF THE LOAN : 10 months
INVESTMENT PERIOD : 9 months
CURRENT PROPERTY VALUE: £750,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The property comprises a semi-detached extended house with a garage, off road parking to front drive and a rear garden.

The property has been extended to the rear which provides larger living space. The first floor accommodation comprises of three bedrooms and a bathroom/WC.

The building is traditionally constructed of cavity brick walls under a pitched roof with tiled coverings. Internally, the floors are of solid and timber construction. The windows are uPVC framed with double glazed units.

The property is situated on an avenue which is a sought after established residential turning in Hadley Wood, with a variation of different type houses, which includes similar type properties and larger gated properties.

All usual local amenities are available within close proximity which includes Hadley Wood Station, local shops, local schools and bus routes. Road networks such as the M1 and M25 are within easy access.

The borrower intends to repay the loan by refinancing.