Commonfield Lane, Barkham, Wokingham, RG40
2 bedroom new home in Barkham
£42,999 Leasehold
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PICTURES AND VIDEOS
KEY INFORMATION
- Tenure: Leasehold
- Lease Length: 24 yrs left
- Council Tax Band: A
- Local Authority: Wokingham Borough Council
Description
Top Features
• Cash buyers only
• Central heating
• Double glazing
• Break clause / exit options every 24 months
• Investment unit for Sale with 10% yield return
• First payment within 60-90days
• Two or three bedrooms
• 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 cover. 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 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.
Lease length is 25 years.
Marketed by
Winkworth Bagshot
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Meet the Team
Our team at Winkworth Bagshot Estate Agents are here to support and advise our customers when they need it most. We understand that buying, selling, letting or renting can be daunting and often emotionally meaningful. We are there, when it matters, to make the journey as stress-free as possible.
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