3 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Balcony
- Central heating
- Double glazing
- Cash buyers only
- Break clause/ exit options every 24 months
- Investment unit for Sale with 10% yield return • First payment within 60 90days
- For investment only
- Fully managed with no extra costs
- Guaranteed rental payments of over £350 per month
Limited units available due to exceedingly high demand
Please note: Owners cannot live in the homes. This is a buy-to-let property opportunity, and a tenant is provided under the terms of the agreement. Please do not enquire if you wish to live in the homes.
This newly built buy-to-let prefabricated home has 2/3 bedrooms, a u-shaped open-plan kitchen, and a separate shower/bath spread over 432 sq ft. These homes are manufactured to BS3632 standards meaning they can be used as permanent residences.
A Unit's lifespan is up to 25 years and all homes come with full insurance coverage. There is a break clause and various exit options every 2 years. All homes come fully managed and with a fixed income return which the homeowner receives monthly.
It Includes:
- Increased wall, flooring & roof insulation
- Double glazed windows
- Central heating & improved ventilation systems
- All a-rated appliances & low energy (LED) lighting
- TMV2 / TMV3 thermostatic control of domestic hot water supply (prevents scalding)
The fully managed property has a guaranteed rent of £4,299.00 per annum. First rental payment 60 - 90 days after the sale. The rental income is derived from tenants claiming housing benefits and/or universal credit as well as private tenants who can afford the reduced rent.
- 2/3-bedroom Park Home
- 10% return per year paid monthly
- No Stamp Duty
- No Service Charge, ground rent, or upkeep no landlords’ insurance
- No additional fees
- Please do not enquire if you wish to live in the homes. All homes are fully tenanted
Places of interest
See more properties like this:
*DISCLAIMER
Property reference JgEeDR122d0. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Trevlyn Properties - Maidstone.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on October 21, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on October 21, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.