| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£510,000 | 6.0% | 23.2% | 6 months |
|---|
Property 1. Comprises of a split level ground and first floor one bedroom flat which is located behind a shop with rear access.
Property 2. Comprises of a one bedroom ground floor flat which is a former converted shop unit with front access. The property also has a first and second floor flat which access from the main road.
Property 3. Comprises of a mixed use three storey building. There is a commercial unit which is located on the ground floor and there are two studio flats situated on the upper floor level both have rear access
Property 4. Comprises of a mixed use building consisting of a light industrial building split into six workshops, a small office and a commercial unit.
All the above properties are situated within close proximity to local transport links and amenities.
The borrower intends to repay the loan by refinancing with a mainstream lender.
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