| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£150,000 | 6.0% | 20.7% | 11 months |
|---|
The security property is a Victorian end terrace house, which has been converted into 4 flats with rear garden and garage, situated within a residential area with similar age period houses.
The property is has been built c.1900 and is of traditional construction, with solid brick walls, suspended timber floors and tiled pitched roof with Loft extension.
The property is ideally located for anyone wishing to commute into the city with Leyton underground station with ¼ mile and Leytonstone station within 1 mile from the property. The central line services both these stations.
Leyton is a district of east London and part of the London Borough of Waltham Forest. It borders Walthamstow and Leytonstone in Waltham Forest, Stratford in the London Borough of Newham. The district was part of the Queen Elizabeth Olympic Park, which hosted the 2012 Olympic.
The borrower intends to repay the loan by selling other existing investment properties he owns.
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