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Up to 5.17% rental yields can be achieved at Crest Nicholson’s Kings Warren in Red Lodge, Suffolk

Up to 5.17% rental yields can be achieved at Crest Nicholson’s Kings Warren in Red Lodge, Suffolk

Despite the uncertainty in the wider market, 2019 is shaping up to be a positive year for investors in Suffolk. Rental yields remain high for the county, a competitive rate to nearby Cambridge. For those looking to invest, the county offers a wide range of properties from period farmhouses and converted barns, to contemporary new build developments that offer high-specification finishes whilst making the most of the rural charm the area offers.

 

At Crest Nicholson’s Kings Warren, a collection of two and three-bedroom cottages and four-bedroom family homes, investors can achieve a monthly yield of between 4.47%- 5.17%. Fernham Green and The Village Square are the latest chapters of the sought-after development, which is nestled on the edge of the bustling town of Newmarket in the village of Red Lodge, Suffolk.

 

All the homes at Kings Warren have been thoughtfully designed, with traditional exteriors in keeping with the existing homes in this rural corner of Suffolk and contemporary interiors for modern living. With homes ready for residents to move into, now is the ideal time to invest.

 

Katie Milldown, Director of Residential Development Sales at Savills Cambridge, said: “Rental yields in Suffolk tend to be stronger than in neighbouring areas such as Cambridge because property is generally more affordable – yet distance wise it’s not that far away.  The homes at Kings Warren are a prime example and represent a great investment opportunity that will have broad appeal and profitability.”

 

 

Kings Warren is located surrounding an abundance of open countryside, whilst remaining within easy reach of two major centres in the east of England, Cambridge and Bury St Edmunds. Commuters are well-served as Kennett station is just two miles from the development, with regular train services into Cambridge in less than 30 minutes. By car, the A14 is within easy reach, linking the area to the M1, M6 and M11.  

 

Annette Cole, Sales and Marketing Director at Crest Nicholson Eastern, said: “Suffolk is fast becoming a property investment hot spot, benefitting from beautiful scenery with great opportunities for work close by. The high rental yields that can be achieved at Kings Warren offer the ideal opportunity for investors, particularly as the homes will appeal to a range of buyers, from families looking for some extra space in this countryside setting, to young couples looking for their first home together. We urge prospective buyers to schedule their viewing today.”

 

 

Rental Yields at Kings Warren

 

House Type

 

Asking Price

 

Yield

 

The Sandown

 

£235,000

 

5.06%

 

 

The Leigh

 

£255,000

 

5.08%

 

 

The Sussex

 

£270,000

 

4.8%

 

The Chelsworth

 

£287,500

 

4.51%

 

The Kensington

 

£295,000

 

4.47%

 

The Kennet

 

£272,500

 

4.76%

 

The Halstead

 

£290,000

 

5.17%

 

The Danbury

 

£355,000

 

4.9%

 

 

Homes at Kings Warren are proving popular, currently start from £235,000 for a two-bedroom house at Fernham Green and £272,500 for a three-bedroom house at The Village Square. Interested parties are encouraged to act quickly to avoid disappointment. To find out more, call 01638 501085 or visit https://www.crestnicholson.com/fernhamgreenatkingswarren/ or https://www.crestnicholson.com/developments/the-village-square/


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