With reasonable property prices and savings accounts proving seemingly less fruitful, now is an opportune time for investors to start building up their property portfolios and capitalise on the better rental yields. For those looking to find out more about investing in bricks and mortar in the current financial climate, Crest Nicholson has its popular BASE development in Brentwood.
Annette Cole, sales and marketing director at Crest Nicholson Eastern comments: “BASE is an ideal opportunity for someone looking to tick all the boxes in an investment property. It provides stylish apartments in an attractive location, as well as being close to the train station with easy access into London, which is a huge attraction for potential tenants.”
BASE comprises 350 new properties, comprising one and two bedroom apartments as well as three bedroom town houses. The stylish properties come complete with fully fitted kitchens featuring a comprehensive range of modern integrated Bosch appliances including a fridge/freezer and washer dryer; reducing the upfront costs for any investor.
Providing an ideal choice for investment, Base is situated in the popular town of Brentwood in Essex. A popular choice for London commuters, Base is less than 500 metres from the Brentwood train station with regular services running into London Liverpool Street in just 38 minutes.
Adam Johnson, lettings manager at Beresfords in Brentwood comments: “The rental market in Brentwood is very buoyant at the moment, with lots of people, primarily first-time buyers who are either unable or unwilling to buy a property in the current economic climate, looking to rent a property for anywhere between six to twelve months instead.
“Until people’s confidence in the market has been renewed, investors are seeing several capital investment opportunities in the area. BASE is one development which has seen a high level of interest recently, we have even seen investors being able to rent out their property before they have completed. There is a disproportionate amount of people wanting to rent a property at the development in comparison to the number of properties currently available for rent.”
The development is also just a short walk from the retail and leisure facilities in Brentwood which include a wide range of bars, cafes and restaurants as well as major high street shops.
Annette continues: “Those interested in finding out more about the opportunity to invest at Base should make an appointment to visit the development. They will be able to discuss mortgage options and take the opportunity to look around the stylish properties. With property prices showing positive signs of a recovery, investors might find that they can get a good deal by acting now.”
Prices at Base start from £222,500 for a one bedroom apartment. For further information about the information day or investing at Base, please contact the sales and marketing suite to speak to a sales advisors, or alternatively call 0870 757 8384 or visit www.crestnicholson.com.
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