Member Article

Property investment opportunities for buyers in the south west

THE chance to own a dream home with a guaranteed rental income is on offer to buyers at Redwood Heights in Plymouth, the new development from Barratt Homes.

The five star housebuilder says there continues to be a marked increase in investors looking towards bricks and mortar for their investments and it currently has two properties available in Plymouth.

“Investors range from those looking for their first property, though to professional investors and those considering property to fund their retirement,’ said sales director Sara Parker.

“At the moment we can offer investors the opportunity to buy a show home at Redwood Heights and then immediately lease it back to us for up to two years to use as a marketing suite with a yield of six per cent.

“Rather than have to worry about untidy tenants, the investor knows that we will maintain the property in pristine condition.”

Sara said investors are also looking at long term prospect for their properties. “They take the view that the direction of house prices in the medium term is up,” added Sara. “So they expect to be sitting on a tidy profit in the next few years.

“We expect high demand for this investment option and have a section on our website at https://www.barratthomes.co.uk/Offers/Show-Home-Lease-Back/ to provide full details to interested investors.”

Homes currently being offered to investor buyers at Redwood Heights are the two bedroom Tiverton design which is priced at £205,000 and the three bedroom Barwick which costs £235,000

This was posted in Bdaily's Members' News section by Barratt Homes .