2 bed mobile/park home

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2 bed mobile/park home

Coleridge Road, Croydon CR0
£43,000

Our Summary

  • This opportunity is for cash buyers only due to the low value

Description

Waterfronts is offering a unique buy-to-let opportunity that provides a long-term social impact for tenants and a reliable passive income. The properties are prefabricated homes that are built to British Institutions Standard BS3632 and have a durable life of 25 years. The developer manages the properties, ensuring they are well-kept and maintained, and offers a buyout every 2 years for the original amount. The properties are let to low-income and government-assisted tenants, and interested buyers cannot live in the properties themselves or let to their own tenants. The annual net rent is guaranteed at £4,380 once tenanted, and the properties are located in various sites across the UK.
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