TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£45,000 | 6.75% | 52.8% | 6 months |
---|
The property comprises a ground floor lock-up shop with front only access within a brick built building which comprises a mixture of residential and retail space.
There is residential space above the unit and similarly a residential basement below which exits to the rear of the building. There is a small area of flat roof above the front of the shop but otherwise, the overall building is surmounted by a pitched tiled roof.
City Airport lies 1 mile due north. Central London lies 8 miles to the west.
The borrower intends to repay the loan by selling the security properties.