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Coleridge Road, Croydon, CR0 7BQ

£43,000
  • Ref: 28038643
  • Postal Code: CR0 7BQ
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Description:

Waterfronts are proud to be offering this is a unique buy-to-let opportunity to purchase a home that provides a long-term social impact for tenants and a reliable passive income.

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

Our buy to let opportunity is designed to have the perfect harmony of social impact and financial returns. We allow our clients to own buy-to-let prefabricated homes without the hassle of managing the home. Once we sell the home to a client, we get it built, furnished and placed on specific sites through exclusive partnerships. Following that, we ensure our clients receive their monthly rental income straight into their accounts.

Hassle-Free Passive Income

Key Highlights

- No additional legal costs

- No stamp Duty

- Buyers will have full ownership of the property

- All properties are built to British Institutions Standard BS3632

- Each property has a durable life of 25 years

- Each property is fully furnished with integrated white goods, see more details below

- Management team available 24/7 ensuring homes are well-kept and maintained

- The developer offers buyout every 2yrs for the original amount

- A minimum term of 2 years of ownership applies

- EPC rating B on all homes

- Prices start at £43,000

- 10% annual return

Property specifications ALL INCLUDED

- Fully equipped kitchen

- Fully equipped bathrooms

- Double glazing

- Gas central heating

- LED strip lighting in main bedroom

- 28KW internal LED spotlights throughout

- LED spotlights in kitchen kickboards

- LED spotlights in front canopy

- Stone fireplace

Rental information

- Buyers cannot live in these properties or put their own tenants in

- Homes are let to low-income and government-assisted tenants

- Interested buyers can't live in these homes themselves or let to their own tenants

- All maintenance and repairs are paid for by the developers

- Guaranteed annual net rent of £4,380 once tenanted

Location information

- There are 112+ sites in the UK

- Buyers cannot choose where in the UK your home is located, this is due to council needs.

If you are interested to explore this opportunity further please get in touch and we go through the next steps for your your hassle free passive income to begin.

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    For more information and to discuss your individual requirements, please call 020 7474 5757 or or request a valuation.