| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£147,000 | 6.0% | 52.5% | 8 months |
|---|
The property is a building converted into a ground floor commercial unit and a flat spanning the first floor to the third floor. The subject property is the flat over the first to third floors.
The property is situated in a mixed residential and commercial street close to all local amenities and transport services. The properties in the street are generally of a similar nature.
The area is popular with families and in particular commuters due to the access to central London via the local train service.
Shopping, entertainment and transport services are a short walk away in Willesden.
The borrower intends to repay the loan by selling the security property after refurbishment.
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