Freehold property known as phase 1, family housing, watford riverwell shown edged red on the plan attached to the debenture and being part of the property transferred to the borrower by the transfer dated on or around the date of the debenture between (1). watford borough council and (2) the borrower.

Freehold land lying to the south-west of cardiff road, watford registered at the land registry under title number HD600501.