TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£230,000 | 5.5% | 12.8% | 6 months |
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The subject property comprises a modern three storey building with ground floor shop and four self-contained flats above.
The property is of traditional solid brick/blockwork construction under a flat roof, timber casement windows and concrete flooring.
The property is located in an established residential and commercial area with Finsbury Park main line / tube station within a short walk, and the Emirates Football Stadium a short bus ride away – the home of Arsenal Football Club.
Located on the fringes of the North London Borough of Islington in a heavily populated area.
The borrower intends to repay the loan by refinancing.