Loan

Loan #774078 Blackburn, BB1 3HN, United Kingdom- 4 Bed HMO

Property location
95 Burnley Road Blackburn BB1 3HN United Kingdom

Executive Summary

This property is located at 95 Burnley Road Blackburn BB1 3HN. Ideally located, two bedroom property. This would be an ideal purchase for a first time home buyer or an investor looking for a property in a decent location. Internally the property comprises of an a deceptively spacious reception room, which leads to a dining kitchen to the rear of the property. To the first floor there are two good sized bedrooms and a family bathroom suite. Externally the property benefits from a rear garden and on street parking. Additional benefits include gas central heating throughout the property. Thanks to the ideal positioning of the property we are only a stones throw away from from several local transport links and amenities.

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 and a signed MOS, 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 140,400.00 raised
  • Risk class i
  • Expires Closed
  • Target amount €140,600.00
  • 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) 115.3%
  • Loan To Value (LTV) 86.7% i
  • Location
    United Kingdom
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