Firepool Lock

Buy to Let tips from Crest Nicholson

With the increase in the number of buy-to-let mortgage deals, now is the perfect time to explore the possibility of purchasing a home to let. On 15th July at 10.30am, award-winning housebuilder Crest Nicholson is holding a free event at its Firepool Lock development in Taunton to provide advice and guidance to those looking to invest in a rental property.

Firepool Lock is the iconic development of new homes and apartments overlooking the Bridgwater and Taunton Canal, and it is proving particularly popular with investors in the South West, with purchasers enjoying yields of up to five per cent. Crest Nicholson’s dedicated investors’ coffee morning will be attended by Kayleigh Marshall, Senior Lettings Negotiator at Fox & Sons, and an Independent Financial Advisor offering purchasers the chance to chat through the benefits of buy-to-let, and find out why now is an ideal time to invest.

Kayleigh Marshall, Fox & Sons, said: “We’re thrilled to be working closely with Crest Nicholson at Firepool Lock. With over 15 tenants registering interest in the development per week, now is the time to invest. The most recent apartment at Firepool Lock was let for £795 pcm, and there is a waiting list for apartments and homes.

“The exceptional standard of the development, combined with its fantastic location is attracting a rental return of a 5-6% yield. If you’re considering a buy-to-let investment, this event on 15 July will provide you with all the information you need.”

Martin and Diane recently invested at Firepool Lock. Martin said: “Firepool Lock is a no brainer when it comes to buy-to-let. There are great commuter links with a railway station nearby and the homes are of the highest quality, meaning that no work needs to be done ahead of tenants moving in. The Project Taunton regeneration scheme gave us further confidence that the area is on the up and in the 15 months of owning the properties the value has already risen significantly.”

Rebecca Gripton, Sales Manager at Crest Nicholson South West, added: “There’s a fantastic range of properties at Firepool Lock in a stunning waterfront location, which has proved popular with investors. The mix of homes and apartments are a particular draw, and the quality of build gives investors added assurance. If you’re looking to purchase a home to let, come along to our event to see how we can help.” 

The Crest Nicholson investors coffee morning starts at 10.30am on Wednesday 15th July at Firepool View, Taunton, TA1 1NY.

Prices at Firepool Lock currently start from £150,000 for a two bedroom apartment with parking, £225,000 for a three bedroom house and £325,000 for a four bedroom villa home. 

For more information about Firepool Lock visit the on-site Sales and Marketing Suite (open daily 10am to 5pm), call 0845 894 3373, visit www.crestnicholson.com/firepoollock or find Crest Nicholson on Facebook at www.facebook.com/CrestNicholsonSWWales.

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