Loan

Loan #663056 Littleborough, OL15 8ED, United Kingdom - 4 Bed HMO

Property location
12 Petts Crescent Littleborough OL15 8ED United Kingdom

Executive Summary

This project is located at 12, Petts Crescent, Littleborough, OL15 8ED, a good area within East Lancashire. Mid Townhouse situated on a popular development close to Littleborough Centre and within the catchment area of some excellent primary schools. This 3 bed house has gardens to the front and rear and is in need of some significant improvements, however will provide a fantastic family home.

Some key points about the developer:

- The developer has done over 240 of these projects in the last 4 years with the same social housing provider

- He already has a buyer, which guarantees excellent security of exit.

- The developer also has its own construction teams in place

Investing FAQ
Loan terms summary
  • Interest per annum 10.00%
  • Fully subscribed 221,000.00 raised
  • Risk class i
  • Expires Closed
  • Target amount €221,000.00
  • Profit share 0.00%
  • Term 6 Months
  • Payment frequency 1 months
  • Loan purpose Buy-to-rent
  • Type Bullet i
  • Mortgage rank First Rank
  • Total Loan Cover (TLC) 110.4%
  • Loan To Value (LTV) 90.6% i
  • Location
    United Kingdom
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