Loan

Loan #663079 Darwen BB3 0AA United Kingdom - 4 Bed HMO

Property location
362 Blackburn Road Darwen BB3 0AA United Kingdom

Executive Summary

This property is located at 362 Blackburn Road, Darwen, BB3 0AA, in a desirable area of East Lancashire. This 4 bedroom HMO (House in multiple occupations) briefly comprises of an entrance vestibule, entrance hallway, front lounge, sitting room and a kitchen. To the first floor there are two double bedrooms, one with fitted wardrobes and a three piece bathroom.

The house is situated within walking distance of Darwen town centre, with a selection of transport links form train to bus stations. There are a range of supermarkets again within short proximity along with access into neighbouring towns such as Blackburn & Bolton. The peaceful surroundings of the property are highly desirable.

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%
  • 100% invested by 89 investor(s) 0.00 left
  • Risk class i
  • Expires Closed
  • Target amount €130,000.00
  • Profit share 0.00%
  • Term 6 Months
  • Payment frequency 1 months
  • Loan purpose Buy to sell
  • Type Bullet i
  • Mortgage rank First Rank
  • Total Loan Cover (TLC) 119.2%
  • Loan To Value (LTV) 83.9% i
  • Location
    United Kingdom
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