| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£110,000 | 5.0% | 19.1% | 6 months |
|---|
The property comprises a medium sized end of terraced house, currently under refurbishment to form two individual self contained flats. The property is built using standard materials and techniques. The main walls from observation and by measurement appear to comprise brickwork, under tiled roof.
The ground floor flat comprises living room with open plan kitchen, 3 bedrooms, one WC and a bathroom.
Second flat comprises living room with open plan kitchen, two bedrooms with one being ensuite and a separate bathroom. Second floor comprises one bedroom with ensuite bathroom.
The property is in a private residential area in East Acton, West London. The property is within a reasonable distance of most amenities including local shopping, schooling, leisure and transport facilities.
The borrower, a high earning UK professional athlete, intends to repay the loan by refinancing after completion of refurbishment of the security property.
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