Six percent return ticks boxes for would be investors
Crest Nicholson is throwing open the doors on its stunning Bath Riverside development in a bid to attract canny capital investors looking for unbeatable returns.
Overlooking the River Avon and just an hour and a half train journey from London Paddington, the top drawer properties at the development are promising eye catching returns which are already outperforming the vast majority of stocks and shares.
Announcing a dedicated investors’ weekend next month, sales and marketing director Susan Young said the range of penthouses, apartments and townhouses at Bath Riverside ticked all the boxes for discerning investors.
She said: “With conventional investments continuing to produce disappointingly low returns, opinion suggests that a far more attractive return is offered by investing in property – and in particular new-build properties.
“There are many reasons why someone who is interested in investing in property might choose to look at a new building, rather than an older one. The most obvious is that they can expect there to be virtually no initial maintenance costs - always a tremendous benefit for a landlord.
“Also, the first impression made on potential tenants of an immaculate new building is likely to be very favourable.
“As well as a whole host of aesthetic considerations we are guaranteeing investors a 6 per cent yield (gross) for 12 months – aware that this will tempt canny, cash heavy investors to take a closer look at our Bath development.”
Being within easy walking distance to the city centre, Bath Riverside is ideal for those who work nearby. For those who might work further afield, the train station is also close by.
Susan added: “Tenants who live here will have the advantage of having everything right on their doorstep and is why we believe Bath holds all the cards when it comes to tempting investors.”
With fantastic views over the world heritage city the Bath Riverside apartments offer light and air living space finished to the highest specification. And with more than 150 sales already confirmed interest in the development has steadily increased as people can see for themselves the style, quality and layout of what’s on offer.
Susan continued: “With the pick of some of the most popular shopping streets in the country along with any number of world heritage sites within a short walking distance, there are clearly compelling reasons to take a closer look at Bath.
The investors’ weekend is to take place on Saturday and Sunday 15 & 16 March 2014. For further information please call 0845 8945 888 or visit www.crestnicholson.com/bathriverside
The marketing suite on Victoria Bridge Road is open daily from 10 am to 5pm.