Loan

Loan #696610 47 Gordon St 4bed HMO

Property location
47 Gordon Street Wigan WN1 3DF United Kingdom

Executive Summary

This property is located at 47 Gordon Street, Ince, Wigan, WN1 3DF. A traditional terraced house in need of renovation situated off Darlington Street East convenient for the Town Centre. The property briefly comprises, to the ground floor, entrance hall, front lounge and rear dining kitchen. To the first floor there are two bedrooms and a bathroom whilst to the outside there is a rear yard. The property is double glazed but does require modernisation and would be perfect for the rental investor.

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%
  • 0% invested by 0 investor(s) 140,500.00 left
  • Risk class i
  • Expires Closed
  • Target amount €140,500.00
  • 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) 123.8%
  • Loan To Value (LTV) 80.7% i
  • Location
    United Kingdom
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