Loan

Loan #696570 Padiham, BB12 8RG, United Kingdom - bed HMO

Property location
50 Shakespeare Street Padiham BB12 8RG United Kingdom

Executive Summary

This property is located at 50 Shakespeare Street, Padiham, BB12 8RG. A bay fronted three bedroom mid-terrace property in this popular area of town which has just been refurbished. Comprising also of a spacious lounge, dining kitchen and first floor bathroom. The property benefits also from double glazing, gas central heating, garden forecourt and rear yard.

Located near to local shopping facilities, infant/junior schools, and bus routes to the town centre. The property is only a few minutes drive away from access to M65 motorway providing ideal commuting distance throughout the North West.

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 154,500.00 raised
  • Risk class i
  • Expires Closed
  • Target amount €154,500.00
  • 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) 130.0%
  • Loan To Value (LTV) 76.9% i
  • Location
    United Kingdom
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