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£39,995 Mortgage options

2 bedroom detached house for sale

Old Willow Close

New build

£39,995 Mortgage options

2 bedroom detached house for sale

Old Willow Close

New build

Description

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Property features

  • 7.92% - 10% yield per year
  • Contractually guaranteed buy-back clause
  • Over £300.00 return each month
  • Comes with a guaranteed rent for 2-12 years
  • No service charge / No Stamp duty, No ground rent
  • Fully managed, no running costs

Nearest stations

Bow Road Underground (0.2mi.)
District
Hammersmith & City
Bow Church (0.2mi.)
DLR - Stratford
Devons Road (0.2mi.)
DLR - Stratford

Nearest schools

school icon  The Cherry Trees School (0.1mi.)
Inadequate
school icon  Wellington Primary School (0.1mi.)
Good
school icon  Childrens House Nursery School (0.2mi.)
Outstanding

Property description

Description 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. 

2/3 bedroom static home for sale  

7.92% - 10% return per year  

Over £300 per month income  

No Stamp duty No Service Charge, ground rent or upkeep 

No landlord's insurance  

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 020 8115 2124

DISCLAIMER

Property reference 102925000601. 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. This property advertisement does not constitute property particulars. The information is provided and maintained by Hammonds - Mile End. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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