0168CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£192,500 8.0% 70.0% 6 months
Assigned
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Additional Info

DRAWDOWN DATE : 30/08/2016
REDEMPTION DATE : 01/03/2017
FULL TERM OF THE LOAN : 6 months
INVESTMENT PERIOD : 6 months
CURRENT PROPERTY VALUE: £275,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

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.