Latest 2 bedroom apartments at Oakgrove Village see investor interest grow
The ongoing development of Oakgrove Village on Ginsberg Crescent, Milton Keynes is continuing to draw interest from local investors as Milton Keynes’ reputation as a key UK rental hotspot grows.
According to the latest figures from property group CBRE Milton Keynes is among the top five cities in the UK for rental value growth.* The city’s increasing population has translated into growing demand for housing, driving up rental prices way above the national average of 4pc. Milton Keynes is also an increasingly popular option for London commuters with trains to London Euston and Clapham Junction readily available from Milton Keynes Central.
Maple Gardens at Oakgrove currently has a range of two bedroom apartments on offer, providing the perfect option for any Buy to Let investor. The development is also continuing to draw praise from a number of local property experts, including Paul Quelch, Land & New Homes Director, Connells, who has commented on the development’s attractiveness to potential investors.
Commenting on the Oakgrove Village development and the wider Milton Keynes investment market, Paul explained: “Milton Keynes is a city on the up in terms of rental demand and Oakgrove Village is a great example of investment in the city that is encouraging growth.”
“The latest two bed apartments at Oakgrove Village boast large room sizes, stunning kitchens, parking and a tranquil suburban location. All this, combined with the extremely high level of finish that has made the development extremely popular with a wide range of tenants, from young professionals to retired couples looking to downsize.”
“As someone who has been selling property for almost 28 years I speak to property investors every day and can say that, Oakgrove Village ticks all the boxes as it offers very good yields, minimal void periods and excellent capital growth prospects.”
Oakgrove Village is a collection of 2, 3, 4 and 5-bedroom family homes, as well as 1 and 2 bedroom apartments, within easy reach of central Milton Keynes and are a few minutes’ walk from the Oakgrove Secondary School. The development is formed around a neighbourhood centre, with useful amenities such as a Costa coffee, Waitrose and Metro Bank all on-site.
Mary Timlin, Sales and Marketing Director at Crest Nicholson, explained: “It is very exciting to see Milton Keynes and Oakgrove Village causing so much excitement in the rental and investor market. The multi-million-pound investment in Oakgrove Village has created a thriving community with great access to central Milton Keynes and beyond. It is no surprise the development is proving popular for both homeowners and renters.”
For more information, please call the Crest Nicholson team today on 0870 758 0430 or visit the on-site Marketing Suite, open daily from 10am to 5pm.