Loan

Loan #738450 2a Bank Lane 4 Bed HMO

Property location
2 Bank Lane Blackburn BB1 2AX United Kingdom

Executive Summary


This private loan is already filled by a single party and will not become available to the public.

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*THREE BEDROOM UNIQUE PROPERTY IN INTACK, BLACKBURN!* Situated in this popular residential location stands this three bedroom property which is offered to the market with no chain delay! With it's wonderfully quirky 'upside down' layout and spacious interior, this property is expected to be popular and so early viewing is highly advised.

Upon entering this lovely property you are greeted by an entrance hallway with stairs leading to the first floor. The master bedroom suite provides ample room for storage and is accompanied by two further bedrooms and the three piece family bathroom suite in white. On the first floor you will find the generous lounge and superb, large fitted kitchen which provides ample storage in the form of base and eye level units in a natural wood finish. The contrasting work tops provide plenty of space for food preparation and the kitchen features French doors which allow plenty of natural light to shine through into this lovely home. 

This superb property is situated close to excellent amenities and is located on a bus route to into Blackburn and Accrington. On street parking is available close by and there is a decked rear garden to enjoy. 

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 142,000.00 raised
  • Risk class i
  • Expires Closed
  • Target amount €142,000.00
  • 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) 117.6%
  • Loan To Value (LTV) 85.0% i
  • Location
    United Kingdom
Latest investments
  • 757417€142,000.002022-01-25 13:55:49