| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£200,000 | 6.0% | 50.0% | 6 months |
|---|
The property comprises a Victorian terraced house arranged over ground and first floors with a loft conversion and rear dormer.
The house has a small graveled front garden and a rear enclosed concreted garden.
The house has been recently refurbished and as fitted out to a good standard with modern kitchen and bathroom suites
The security is situated in a mid-terrace position in a residential road of similar housing on the southern fringe of East Ham and close to Beckton.
There are retail facilities at the western end of Charlemont Road on High Street South with Beckton Retail Park, with a Sainsbury’s supermarket lying only 600 meters to the southeast. The nearest retailing town center is Barking which lies about 2,000 meters to the northeast.
The borrower intends to repay the loan by refinancing with a mainstream lender.
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