Capital gains makes Bath Riverside development of choice for investors
Impressive capital gains at Bath’s leading property development is fuelling interest from investors looking for the best place to put their money.
The prospect of increasing property values, yields approaching four per cent and knowledge that they will own a property at Bath’s most iconic development is attracting would be investors who fancy placing their money in bricks and mortar.
In addition, developer Crest Nicholson is also offering to pay the stamp duty in full giving prospective purchasers an additional incentive to buy
Reassured they will be helped all the way by a team of experts who have a full understanding of the local property scene, those who are considering investing in an apartment are advised to visit Bath Riverside – the thriving new community on the banks of the River Avon.
Once there, not only will they be able to look around the selection of stunning new properties currently for sale in the latest phase called Royal View, but get expert guidance from members of Crest Nicholson, Crisp Cowley, Savills, The Apartment Company and One 77 Mortgages.
The team will then be able to outline precisely what buyers can expect to receive in terms of rental income and be shown illustrations of historic capital gains growth.
Marcus Evans, Sales and Marketing Director at Crest Nicholson said it was clear prevailing rental demand across Bath was concentrating investor attention at Bath Riverside, while knowledge of the increase in value, return on their investment and stamp duty offer will further focus investor’s minds.
Marcus said: “Bath Riverside has benefitted from considerable high-flying gains since the first properties were sold over five years ago where comparable properties to those currently for sale have increased in value by up to a whopping 39 per cent over an 18 month period*.
“Current yields are providing returns of 3.7 per cent. Add in the prospect of capital gains and the offer to get the stamp duty paid is likely to heighten further interest from would-be investors looking for the best place to put their money.
“With Bath Riverside being the only new waterside property development in the city, it is not surprising we are attracting investors who are looking at new build for letting opportunities right in the centre of town.
“The unique Riverside location offers a flat, level walk into the city centre with all the shops, restaurants, theatres and bars as well the railway station, always of interest to prospective tenants.”
* Figure quoted from January 2016 to June 2017.
For further information please call 01225 463517or visit https://www.crestnicholson.com/developments/bath-riverside/
The sales and marketing suite on Victoria Bridge Road is open daily from 10 am to 5pm.