|TOTAL LOAN AMOUNT||AMOUNT FOR ASSIGNMENT||INTEREST
The following property secured loan is available for sale, by the way of an equitable assignment, providing to the investor an annual return of 5.5%.
The security property for the loan is 1st legal charge on a partly built B1/B2 warehouse.
The value of the property amounts to £1,300,000 in total and the achievable market rental income is at £150,000 per annum, and is located in Edmonton.
The borrower intends to repay the loan by re-finance.