TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£192,500 | 8.0% | 70.0% | 6 months |
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The property is a 2 bedroom mid-terraced 2 storey house built of traditional construction.
To the rear is a single storey extension with PVC cladding to the external walls and a flat felt roof over, not visible from ground level.
The property is conveniently situated for an array of retailers to Hertford Road, approximately half a mile from the subject property.
Although there is no underground station close by, Enfield Lock mainline station is 0.7 miles to the north of the property and bus routes serve the locality. Good vehicular access is afforded to the area with the M25 a short drive to the north.
There are numerous schools within a 2 mile radius of the property, including Prince of Wales Primary School, Durants School and Ark John Keats Academy and St. Ignatius College.
The borrower intends to repay the loan by refinancing.