TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£292,500 | 7.5% | 65.0% | 5 months |
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Four bedroom Duplex apartment forming part of 3 storey block of similar flats. The flat was built in the 1930s period. The property is of traditional construction with solid brick walls.
The property is surrounded by various styled and dated properties and it is within easy reach of local amenities.
The flat is situated in an established mixed use area of Southgate comprising ground floor shops and upper floor apartments, situated in close proximity to Southgate Tube station.
The borrower intends to repay the loan by selling the security property.