If you are looking for the perfect way to invest your money, then look no further than Crest Nicholson’s Firepool Lock, now offering investors rental incomes with a yield of up to 5.8%*. Firepool Lock is an eclectic mix of contemporary one & two bedroom apartments, and three bedroom houses with an exclusive collection of waterfront villas.
Investors can purchase the stunning three-bedroom, Brompton home for just £225,000 and receive guaranteed rental income of up to £950 a month for 6 months**. The stylish home features a contemporary kitchen/dining room with a separate living room boasting double French doors. With a large master en-suite bedroom and two generous sized bedrooms, this home offers buyers spacious contemporary London-style living. Exquisitely designed with modern living in mind, incorporating state of the art appliances throughout, this home is ideal for those who enjoy the finer things.
The value of UK property continues to rise and it is widely regarded as a relatively safe long-term investment. Asset appreciation and returns from rental yields can be lucrative and this has the added benefit of being a physical asset. However, tax implications may seem confusing and off-putting.
Busting myths about tax
Gavin Roberts FCCA of Maxwell Charted Accountants commented “Since the last budget the government have come down quite hard on landlords, and it is now more in important than ever to find a tax efficient way to run your investments. High rate taxpayers have a restriction on the amount of interest and finance cost they can claim against their investments. However, by using corporate structures or looking at the structure of partnership investment, investors may be able achieve higher yields. It has been proven over many years that property is still a very safe way to invest and regardless of recent legislative changes, with sound tax planning it can still be a positive investment choice”.
Firepool Lock is an integral part of the regeneration of Taunton Town Centre breathing new life into the area. Located just a few minutes away from Taunton railway station, Firepool Lock has excellent transports links across the country and is a mere 2 hours from London. Taunton is also home to a fantastic selection of bars, restaurants and sporting activity including Taunton Race Course and Taunton Cricket Club.
Don’t miss out on the fantastic opportunities available at Firepool Lock. For The Brompton, prices start from £220,000. For more information please visit the on-site Sales and Marketing suite (open daily from 10am to 5pm), call 0845 894 3373, email Firepoollock@crestnicholson.com or visit https://www.crestnicholson.com/firepoollock/.