People looking to invest in property can visit the office of Crisp Cowley at Bath Riverside on 6 July between 4pm – 7pm where they will be able to discuss investment options at the prestigious city-centre development.
With conventional investments such as ISAs, pension funds, bank and building society accounts continuing to produce disappointingly low returns, expert opinion suggests that a far more attractive return is offered by investing in property – and in particular new-build.
Keen to hold this event at their new office at Bath Riverside, the team from Crisp Cowley, along with support from Marcus Evans, Sales & Marketing Director for Crest Nicholson Regeneration, are looking forward to showing potential investors the range of properties on offer.
Marcus said: “We have only really attracted local investors to Bath Riverside on both houses and apartments and they have always enjoyed healthy returns coupled with the fact there continues to be a strong appetite, in Bath, for new build rental accommodation.
“Not only will the Crisp Cowley team be on hand to chat through the Bath rental scene and outline how much investors could expect to receive in rent, but experts from award-winning One 77 Mortgages will be available to advise potential investors on the advantages of putting their money into property.
“This should be particularly useful for those with no experience in this area. There are many reasons why someone who is interested in investing in property might choose to look at a new building, rather than an older one. The most obvious is that they can expect there to be virtually no initial maintenance costs - always a tremendous benefit for a landlord.
“Also, the first impression made on potential tenants of an immaculate new building is likely to be very favourable.”
Current availability includes a unique collection of luxurious apartments on the new phase called Royal View. Located next to the historic Victoria Bridge, it comprises 45 apartments including eight one-bedroom, 34 two-bedroom and three stunning penthouse apartments.
Providing spectacular views out across the city, residents will be able to take in and enjoy renowned settings such as the Royal Crescent and Royal Victoria Park.
The development’s location also means residents have a flat level walk into the city centre and can be amongst the shops, bars and amenities within 15 minutes – including Bath Spa train station.
Nick Gale from Crisp Cowley added: “Properties at Riverside tick a lot of boxes for those looking to rent in the city. Being within easy walking distance to the city centre is ideal for those who work nearby. Those who live here also have the advantage of having everything right on their doorstep.”
Alastair McKee of One 77 Mortgages said: “No other development in Bath is in such a convenient location and no other development can offer properties that are located right on the waterside. These are just some of the reasons why it has proved so popular to investors.
“On selected plots Crest is guaranteeing, for up to two years, yields of six per cent.
“We have also calculated that, in the current market, investors can expect an average yield of 3.7 per cent.
“With a selection of one and two-bedroom apartments available, there are some fantastic opportunities and we look forward to seeing potential investors here on 6 July.”
The Crest Nicholson sales team will be at the event and the marketing suite and new show apartment will be open for anyone who’s interested to take a look.