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This property is investment only. Either cash buyers or a minimum 50% deposit are accepted. All units come with a tenant, fully managed and with a fixed income return generated from the local authority.
This newly built static home has 2 or 3 bedrooms, an u-shaped kitchen and shower/bath spread over 432 sq ft. The property is fully managed and comes with a guaranteed rent of £3999,90 per annum paid by the local authority.
When we say fully managed we mean a tenant is provided and all repairs and maintenance are taken care of by the management company! The minimum term of investment is two years and can be renewed after 12 years. All units come with a guaranteed buy back option. These properties are not available for customers who wish to live in them as they come with a tenant for the full term, this is a static home on local authority land with a fixed income return paid monthly or quarterly.
No Service Charge, ground rent or upkeep