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Last chance to secure high rental yields at Poole Quarter

14th June 2012 Print
Crest Nicholson Homes

Crest Nicholson, the award winning housebuilder, is encouraging potential investors to consider the rental returns they could receive if they bought an apartment at its popular Poole Quarter development in Poole. With rental yields of up to 6% from a one bedroom apartment, it’s easy to see why the properties have been snapped up by investors – with just two remaining.

The development suits both first-time landlords, who may want an additional and regular income as well as existing investors wishing to build on their property portfolio. Investors new to the property market can also take advantage of Crest’s EasyBuy scheme – a first-time buyer incentive offering purchasers the chance to own 100% of their new home but only pay 80% of the price now.

The properties come with a two year guarantee so the new build development will give investors peace of mind as the likelihood of maintenance issues that are common in re-sale properties are reduced. One of the two final one bedroom apartments comes complete with white goods, carpets and curtains, enabling landlords to achieve a higher monthly rental rate without the cost of purchasing these furnishings themselves.

Christine Tiernan, Sales and Marketing Director for Crest Nicholson South, said: “Rental demand is very high for the area due to the lack of properties, which helps increase monthly rental values and the yields available. Tenants will especially want to move into a brand new apartment that has all of the important goods already included.

“Renters will always be attracted to the coastal lifestyle that the properties provide, so it is an ideal time for investors to take advantage of these returns and enjoy the opportunity for long term capital growth.”

Poole Quarter is situated in the perfect location for water sports enthusiasts, with sailing, jet-skiing and windsurfing hotspots on its doorstep. Furthermore, the development is close to shopping facilities, restaurants, a leisure complex and is a short distance to the town centre and local train station.

Buyers can purchase one of the final one bedroom apartments from only £147,000. For more information, visit crestnicholson.com.

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Crest Nicholson Homes