Nationwide | Investment Property for Sale | VES-N1-000

A unique opportunity to purchase a prefabricated home with a long-term social impact

£42,999

Prefabricated home

VES-N1-000

INITIAL INVESTMENT

£14,540

Based on

deposit: £10,750

stamp duty: £1,290

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£4,299

GROSS YIELD

10.0%

ADD TO FAVOURITES

The property

TENANCY

Tenanted

TENURE

Leasehold

2 bedrooms

1 bathroom

1 reception room

384

Fully Furnished

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

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
    • 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 landlord’s insurance
  • No additional fees

Please do not enquire if you wish to live in the homes. All homes are fully tenanted

Location information

  • There are 112+ sites in the UK
  • See the map below for some locations

If you are interested to explore this opportunity further please get in touch and we will connect you with the developer. Please note that by making an enquiry you consent to your name and contact details to be passed on directly to the developer.

Note

Please note that Vesta has not visited this property and that the vendor has provided all material.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Ashford, Kent

Ashford is a market town in Kent, England and lies around 61 miles south-east of London and 15 miles north-west of Folkestone. The M20 goes past near the town and connects it to the M25 motorway as well as Folkestone, providing a link to the Channel Tunnel and Dover ports.

Ashford International railway station is an international and regional train station. Regional trains are run by Southeastern and Southern and international services are run by Eurostar. The station is at the convergence of several lines, including High Speed 1 from London St Pancras International to the Channel Tunnel, the South Eastern mainline from London Charing Cross to Dover Priory, the Maidstone line from London Victoria to Maidstone East, the Ashford to Ramsgate line via Canterbury West, and the Marshlink line to Hastings.

Some of the local attractions and things to do and see are Godinton House & Gardens, Victoria Park Ashford, Kent Downs, Conningbrook Lakes Country Park and Ashford Museum.

Ashford is home to a number of well-known chain restaurants as well as several independent eateries. Other fabulous places to eat can be found in the surrounding villages.

Shoppers needs are being taken care of by Ashford Designer Outlet and County Square shopping centre, as well as Park Mall for unique independent stores and the Made in Ashford store. On the first Sunday of every month Ashford Framers market takes place in the lower part of the high street.

Education is being provided by twelve primary schools, two grammar schools, two further secondary schools, a college and a private independent school.

Some of the local employers include Premier Foods, Quest International, Brake Brothers, Curious Brewing. Due to the town’s strategic location there are a number of industry, business and retail parks here including Waterbrook Park, Eureka Science and Business Park and Orbital Park.

What makes us different?

Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.

Benefits include:

  • Buy tenanted property
  • Huge choice for all budgets
  • View property performance data
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Questions?

Our sales team is standing by to help.

Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

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