Loan

Loan #697417 Aylesford, me20 6pw, United Kingdom

Property location
New Hythe Lane Aylesford me20 6pw United Kingdom

Executive Summary

The property
I have agreed to buy the freehold of an older style terraced house in Aylesford, Kent. It’s ex-rental in desperate need of renovation works. Conveniently situated to access a fine range of local amenities including various shops, schools and transport links to London and the M20 (Junction 5).

Scope of works to be done
New Kitchen, Bathroom, flooring/carpet, Paint throughout whole house and exterior, garden clearance/tidy up, new boiler and electric board, internal doors/woodwork and windows all to a high standard.

Once the refurbishment is completed, the property will be sold on the open market for a target sales price for € 285,000 to € 295,000.

Investing FAQ
Loan terms summary
  • Interest per annum 10.00%
  • Fully subscribed 212,000.00 raised
  • Risk class i
  • Expires Closed
  • Target amount €212,000.00
  • 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) 132.5%
  • Loan To Value (LTV) 75.5% i
  • Location
    United Kingdom
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