Prices & Plans
Your opportunity to invest in below market value property in a Devon tourism hotspot with guaranteed rentals and guaranteed buyback!
Prices from £20,000
- 5% guaranteed rental return post completion
- Guaranteed buy-back at £24,500 for fractional and £198,000 for full ownership
- Full ownership from £159,950
Opportunities such as Green Parks are few and far between in the UK market. Not only can you invest from as little as £20,000 but the developer also guarantees to buy the property back at the above stated prices, plus the 5% (net) guaranteed rental income post completion and this opportunity really is without comparison.
Please note phase one contains 24 two bedroom apartments divided over four floors with stairs and elevator access to each floor.
Two Bedroom Apartments
The two bedroom apartments at Green Parks are perfect for investors. Generous living accommodation provides sleeping for 6, creating excellent returns over the short and long term.
Couple this with the family friendly facilities at the development and Green Parks can easily be classified as a year round holiday destination.
Three Bedroom Executive Apartments
Three bedroom executive apartments enjoy spacious living accommodation plus two bathrooms. With the ability to sleep as many as 8 people, these apartments represent an ideal lifestyle choice.
Three Bedroom Penthouse Apartments Including Mezzanine
The three bedroom penthouse apartments include a stunning mezzanine bedroom, with accommodation being generously spaced over two floors. These properties represent the finest in the development with prices on application.
Please note: Three bedroom apartments are currently unavailable for purchase.
Click here to view Site Plan
How to Buy
Our secure purchase procedure and close relationship with trusted business partners ensure that your funds are completely safe at all stages of your property purchase, giving you the luxury of security and peace of mind
The purchase procedure for buying property at Green Parks is very straightforward. If you would like to make a reservation, a refundable reservation fee of £500 or £1000 depending on your property selection (fraction or full) will secure your purchase whilst you review your contract.
Once you’re happy to proceed you will need to pay £1,500 for your fully personalised contract which includes all due diligence material and lease agreements. This secures your chosen property in your name.
RSM Tenon have been engaged as accountants and financial advisers to Green Parks. The UK’s 7th largest accountancy firm, RSM Tenon employ over 3,000 staff in 50 UK based offices. This firmly established practice is assisting with the preparation of financial forecasts for Green Parks Limited and will remain engaged as its ongoing accountants.
Purchase Procedure:
- Only 10% deposit required until completion
- Stamp Duty paid by developer
- VAT paid by developer
- 65% finance available upon completion (subject to status)
- 5% (NET of all fees) rental guarantee on completion of unit
- Developer contractually obligated to enforced buyback 4 years post completion at £198,000 for a full unit and £24,750 for a fraction
- Fully serviced personal usage at a 20% discount from brochure prices
Post-Completion:
- You receive 5% (net of all fees) guaranteed rental income for 3 years (from solicitored account)
- Owners receive 20% discount on fully serviced usage and have access to their property 52 weeks of the year
- Four years from completion the developer will be obligated to purchase your property at above stated prices.
