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Loan amount


Interest Paid


Funds pledged


Loan Term

18 months




Address: 409 and part of 411 Cricklade Road, Swindon, SN2 1AQ

The property comprises of a detached three bedroom rendered house with a concrete tile roof, lying in approximately 0.092 hectares of garden known as 409 Cricklade road, together with part of the garden belonging to 411 Cricklade road extending to approximately 0.045 hectares of garden.

The property is freehold and registered with the land registry under title number WT315678

The property has been classed as unhabitable and is approved as a SSAS investment class.

This property lies on Cricklade Road on the north eastern side of Swindon in the Stratton St Margaret area of the town, situated on a junction between Cricklade Road and the A4311 running north to Blunsdon St Andrew. Stratton St Margaret, once a distinct village, has now become the North-eastern part of Swindon and is rapidly becoming suburbanised. Residents of Cricklade Road have access to a multitude of amenities and facilities in the surrounding vicinity from Supermarkets, Leisure centres, Libraries and just 10 minutes distance from Greenbridge Retail park. Not short of tourist attractions, with Lydiard Park and Liddington Castle, both within 15 minutes’ drive.

Swindon Town itself boasts to having one of the best performing economies in the UK, which continues to grow. Located on the M4 Corridor and the Great Western Railway Main Line, Swindon's transport connections are adequate. And with frequent trains to London and Bristol on the Great Western Main Line have contributed it becoming an ideal location for commuters.

The area has seen a strong incline in housing prices over the last 4 years, totalling an average capital growth of 24%, reference

The property has planning permission for the demolition of the existing property known as 409 Cricklade road and the erection of six dwellings of which one is a one bedroomed apartment and five are two bedroomed semi-detached properties.

The planning reference is S/18/1569/SASM and a copy of the planning consent and drawings can be found on the documents section.

The finance for this project is being raised in three separate tranches. The first is for the purchase of the land and securing the first charge for this and subsiquent phases.

An enviromental report has been completed and is availeble to be viewed on the documents section.

Information on the planning of this project can be downloaded from the documents section above.

Given the location of the property and the local demand, the Borrower intends to market the properties for open market sales. In addition to this the borrower has considered selling the properties off plan to provide a longer window to market them for sale. Like with all funding projects the borrower has looked at alternative exits should the market slow down, to ensure investor’s monies are repaid within the term of the loan.

Loan Amount † £200,000
Forecasted Valuation aka GDV †† £1,065,000
Loan-to-GDV 19%
Loan Term 18 months
Loan Interest ††† % per annum
Cash-back Reward †††† 2%
Loan Interest Payment ††††† End of Term
Loan Security First Legal Charge
Platform Fee 0%
Legal Fee 0%
APR 10.83%

Bonus: £50 when you lend your first £500.

Type: Bonus paid on drawdown of the loan by the Borrower.

Terms: To claim this offer, you will need to invest a minimum of £500 into the loan opportunity. You will then have your account credited with £50 on drawdown of the loan. This offer only applies to your first £500 investment. Lender Terms and Conditions apply.

Cash-back Reward: 2% when you lend £20,000 or more.

Type: 2% Interest added on drawdown of the loan by the Borrower.

Terms: To claim this offer, you will need to invest a minimum of £20,000 into the loan opportunity. You will then have your account credited with 2% of the final amount you have invested on completion of the loan. Lender Terms and Conditions apply.



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