Revenue house in Greater London, United Kingdom

United Kingdom
Archive cost €288,825
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Updated at: 16/08/2022

Location

Country: United Kingdom
State: Greater London

Description

United Kingdom Surrey County (Sarrey) -Surrey, 30 min from the center of London House with an income of 7% per annum Offer for investors and those wishing to purchase a home for themselves from 250,000 £ (288,825 €) Installment. Credit. VNZH The effects of the Covid crisis have contributed to the growth of the suburban real estate segment for recreation and rental. Due to the difficulty of moving outside the country, many prefer outdoor recreation. Consequently, inexpensive country houses for recreation have become very popular. The proposed complex - a park for family holidays - is the first phase of a huge project. There will be only 44 residential buildings. The entire project is 400 houses. The concept of the complex: an environmentally friendly safe environment, an active type of relaxation, a welcoming atmosphere, amenities for all ages, luxury in nature, attention to detail, harmonious life in the green belt of London. The complex will be open all year round. The facility is ideal for rental: the management company guarantees an income of 7% per annum Infrastructure of the recreation complex: children's playgrounds, beautifully decorated cafe, public relaxation area with shops, supermarket, free chargers for electric vehicles in every home, exclusive sports club: cutting-edge gym, fitness center, luxurious spa, tennis courts, Olympic size pool, free electric bicycles. Investment options: 1. Simple purchase for own ownership. The investor will be provided with comprehensive assistance in interior design and furniture selection. The owner has every right to rent his house independently to third parties, having warned the management company in advance about the names, date and hour of arrival of vacationers. The owner has the right to sell the house at any time through the management company of the complex, independently or through any real estate agents. Owner Responsibilities: Payment for utilities (electricity and water with permanent use by a living family is approximately 300 £ / month), payment for the services of a management company (4800 £ / year) 2. Purchase for the purpose of leasing through the management company of the complex, but using for their own living including. 15% of the rental income - payment for the services of the management company, the rest actually remains with the owner of the house. The management company takes care of the house and the receipt of income for the investor: promotion of the suburban complex for tenants, cleaning, reception of guests, etc.d. 3. Purchase for guaranteed income: 7% per annum of rental. Agreement for 1 year with an extension for each subsequent year for 3 or 5 years. The management company is responsible for the technical condition, home safety, cleaning, and pays insurance for the purchase of real estate for rental. Upon the expiration of the management contract, the owner may sell the property at a higher price relative to the purchase price. That is, for 5 years, the owner earns 35% of the net income from the purchase price, and then sells the object with profit. 4. Purchase at the initial construction stage for the resale of real estate after commissioning. The investor's income will be 25-30%. Home price: - under construction with interest-free installment payment: 300,000 £ (346 590 €) 30% during the first month + 70% when receiving keys. Scheduled commissioning of the complex: end of 2021 - at the construction stage, but with full payment for the house at once: £ 250,000 (288 825 €) - finished house at the end of 2021 after commissioning: from 320,000 £ (369 696 €) Possible purchase of a house on credit: down payment of at least 30%, loan term of a maximum of 5 years at 1.5-2% per annum (Bank of England refinancing rate + 1%) When buying several houses worth more than £ 2,000,000, an investor receives a residence permit in the UK for himself and his family  

Location

United Kingdom