| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£320,000 | 6.00% | 52.00% | 11 months |
|---|
The property comprises of a detached house located along a cul-de-sac of similar detached houses. It occupies a corner plot. The house occupies a central position on the plot with a garage to the side and includes gardens to the front, side and rear elevations.
The entrance hall at ground level provides access to the kitchen to the left and includes a staircase to the first floor directly ahead. There is a cloakroom underneath the staircase.
The subject security property is no more than 100 meters within Cuffley and the EN6 postal district of Enfield in South Hertfordshire.
Cuffley is a village in the South Hertfordshire area, having an estimated population of 4,388. It is served by one main line railway station with access to London stations in a southerly direction and to Hatfield and Letchworth in a northerly direction.
The borrower intends to repay the loan by the sale of his father’s business.
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