Guaranteed yields of six per cent are being offered at Bath’s leading new property development.
Available on a limited number of apartments, investors looking for the best place to put their money are now being drawn to Bath Riverside where a selection of two bedroom apartments come with the pledge of this highly attractive return.
Running for two years, it means investors will know precisely what they will get back should they decide to place their money in what has become the South West’s most acclaimed city-centre, waterside development.
Those researching whether Bath, and in particular apartments, offer an assured investment will be interested to know that according to research, apartments across Bath rose in value by 2.7 per cent between January and March 2018*.
Current availability is in the award-winning Royal View, the stunning, curved new building located next to Victoria Bridge and the River Avon.
Close proximity to one of the main crossing points of the river means tenants can easily walk or cycle to the centre of Bath.
And because the properties are brand new it means running costs will be lower than in older properties again, an attractive proposition for tenants as well as landlords who have to be mindful of the new energy performance certificate (EPC) regulations.
Add in the water views, private courtyards, new parkland and open public space, Bath Riverside is clearly the number one destination for those looking to rent in the city.
Danielle Simpson, Sales Manager for Crest Nicholson said: “Bath has emerged as one of the top property investment locations outside of London resulting in an increasing number of investors to the development.
“Common sense suggests that better returns can be gained by investing in new build properties. Not only are you likely to generate an income through rent but the value of the property is likely to go up.
“The properties 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.
“Everything is right on the doorstep and the central location means the train station is close by which is handy for those who want to get to Bristol or go further afield.”
Danielle added: “Bath Riverside offers investors the best opportunity in the Bath area and consistently delivers higher returns than any other development.
“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, it is always of interest to prospective tenants.”
For further information please call 01225 463517 or visit www.crestnicholson.com/bathriverside
The marketing suite on Victoria Bridge Road is open daily from 10am to 5pm.
* Data Briefing, Bath Chronicle