Loan

Loan #696526 Darwen BB3 2AF United Kingdom

Property location
53 Redearth Road Darwen BB3 2AF United Kingdom

Executive Summary

This property is located at 53 Redearth Road, Darwen in the United Kingdom. Darwen is surrounded by lots of greenery. There are various shops and eateries near the property. This property is in dire need of renovation, which is why the entire inside of the house will be renovated.

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 101,000.00 raised
  • Risk class i
  • Expires 23 day(s) left
  • Target amount €101,000.00
  • 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) 113.9%
  • Loan To Value (LTV) 87.8% i
  • Location
    United Kingdom
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