TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£350,000 | 5.5% | 27.0% | 11 months |
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|
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.