| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£202,000 | 7.0% | 56.1% | 6 months |
|---|
The property comprises a semi-detached house set on a mainly rectangular corner plot. The house dates from the 1950’s and has a separate sectional concrete garage with concrete asbestos roof.
The house is of standard masonry construction with a pitched tiled roof and an area of flat felted roof over the kitchen extension. The house is of an acceptable standard with double glazing, gas central heating and has part tiled, part carpet and part strip-wood flooring.
There is garden to the front, rear and side of the property.
The surrounding area is mainly residential with low-rise 1950’s style housing. There is a parade of local shops, which includes a Spar supermarket, within 150 meters to the northeast. Edmonton Green Shopping Centre lies 900 meters to the southwest. Edmonton Green Station lies just beyond the shopping center and provides a regular direct rail link (London Over-ground) to London Liverpool Street with a journey time of about 25 minutes.
The borrower intends to repay the loan by refinancing with a mainstream lender.
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