Strong demand for high-quality rental accommodation in Bath has resulted in a shortage of property for those wanting something of a superior standard.
With local letting agents appealing particularly to owners of new apartments to come forward with potential lets, is expected to make any newly built property the focal point for those looking to buy as an investment.
Of specific interest has been the newest landmark building at Bath Riverside. Called Royal View, the curved design and stunning central atrium has clearly appealed to those looking to rent in the city, with all available rental properties now taken.
The building’s proximity to Bath city centre and idyllic location on the banks of the River Avon has also attracted those wanting something that allows them the freedom to walk into the centre of the city but which is built to exacting, modern standards.
Fortunately, those looking to rent a similar-styled property will soon be able to enjoy all the trappings of high-end, city-centre living with the imminent launch of Sovereign Point, the sister building to Royal View.
Those looking to invest in property in Bath are now being advised to keep an eye out for the building’s launch, which is expected to take place in the early Spring.
Nick Gale, director and head of lettings at Crisp Cowley said: “The properties that were available in Royal View offer investors the best opportunity in the area. As well as a whole host of aesthetic considerations they are ideally suited to today’s typical tenant.
“The central location means the train station is close by which is handy for those who might work further afield.
“Tenants who live here will also have the advantage of having everything right on their doorstep and is why local letting agents are appealing for more properties.”
For those new to the property investing sector Crest Nicholson is guaranteeing a 6 per cent return for 12 months by topping up the minimum rent achieved by landlords.
Nick added: “Striking now would mean getting the most from the investment not only in terms of potential equity, but future rental returns.”
For further information please call 01225 463517 or visit www.crestnicholson.com/bathriverside
The marketing suite on Victoria Bridge Road is open daily from 10 am to 5pm.