Loan

Loan #622429 London (Walthamstow), E17 4AU United Kingdom

Property location
43 Kingsley Road Walthamstow E17 4AU United Kingdom

Executive Summary

The property is a self-contained first floor flat situated in a Victorian house conversion. It comprises stairs which lead directly to an entrance hallway, reception room, kitchen, bathroom/WC and two bedrooms. There is additional storage in the loft space, which also has the potential to be converted into more liveable space, subject to planning consents. The property is in need of modernisation and has a remaining lease term of 62 years.

The property is located in the fast-growing area of Walthamstow, situated on a peaceful residential turning within walking distance of the green open spaces of Lloyd Park and Epping Forest. It is perfectly located to enjoy the independent cafes, pubs and restaurants of the Wood Street area and close to the popular Walthamstow Village. Alternatively, it is only a short walk to Walthamstow town centre for the Empire cinema, shops and the famous street and farmers’ markets. Close to transport links, this property is a 10-minute walk to Wood Street station for London overground services, and is within a mile of Walthamstow Central for the Victoria line and overground services – both Oxford Circus and Liverpool Street can be reached in only 20 minutes.

The property is valued in its current condition at €265,000, but once fully renovated as a 2-bedroom apartment and with the planned lease extension, the value will be €423,000.

Investing FAQ
Loan terms summary
  • Interest per annum 10.00%
  • Fully subscribed 310,000.00 raised
  • Risk class i
  • Expires Closed
  • Target amount €310,000.00
  • Profit share 0.00%
  • Term 9 Months
  • Payment frequency 1 months
  • Loan purpose Buy-to-rent
  • Type Bullet i
  • Mortgage rank First Rank
  • Total Loan Cover (TLC) 127.4%
  • Loan To Value (LTV) 73.5% i
  • Location
    United Kingdom
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