North Cornelly homes measure up for landlords

A select development which has already proved popular with buyers, looks set to get the seal of approval from investors too.

According to figures just been released, landlords can expect appealing rental yields of more than 6% at Cae Ffynnon.

And there is further good news for investors - thanks to its rural location, with a selection of local shops on its doorstep, the development is expected to be a draw with potential tenants.

Only three homes remain at the development, near Bridgend in South Wales, thanks to a tempting array of incentives and low prices on the final properties.

Andrea Nippe, sales director for Elan Homes in the South, says: “Figures we have just finalised have revealed a very healthy rental yield for potential investors at Cae Ffynnon.

“Because the development has already proved very popular with home-buyers due to its tranquil location, it is bound to be easy for landlords to attract tenants and we expect that because it is a sought after area, it will command a good rental income. Agents are saying it would be £575-£595 for a three bedroomed home.”

The final trio of homes at Cae Ffynnon are all three-bedroom semi-detached houses, priced at £138,995. Both properties are fully carpeted and stamp duty exempt.

Cae Ffynnon, is just four miles from the prestigious seaside resort of Porthcawl, with its golden coast line. Only six miles away is the lively town of Bridgend, which is great for shopping and nightlife, while the nearby Kenfig Nature Reserve and beach boasts beautiful walks and views over the sand dunes.

The M4 motorway is just a few minutes’ drive away so purchasers can reach Cardiff or Swansea with ease.

To find out more about visit our marketing suite at Cae Ffynnon which is open Thursday to Monday 10am to 5pm, or log on to elan-homes.co.uk.