New homes in Telford offer great rental potential
Taylor Wimpey’s Castle Meadows development of new homes for sale in Telford offers a selection of high-quality apartments which are ideal for property investors.
Savvy investors in search of high-quality buy-to-let properties for sale in Telford need look no further than Taylor Wimpey’s Castle Meadows development for a more lucrative alternative to putting money in the bank.
Potential gross rental yields of more than 7% means the leading housebuilder’s desirable portfolio of new-build apartments for sale in Telford, located in the up-and-coming area of Hadley, is in demand with clued-up landlords.
For example, a two-bedroom property for sale in Telford at Castle Meadows, priced at just £87,995, can command around £530 a month in rent, delivering a 6% yield on the investment.
Jan Titley, Regional Sales and Marketing Director for Taylor Wimpey, says: “Investing in bricks and mortar is often viewed as a shrewd move, and now, perhaps more than ever, this seems to be the case.
“Demand has never been higher for good-quality rental properties, and this is great news for landlords looking for new build homes in Telford.
“Like elsewhere in the country, the rental market is strong in Telford and shows no signs of slowing down, so I would advise and potential landlords to invest in our beautiful flats for sale in Telford at Castle Meadows – and start reaping the benefits straight away!”
Two-bedroom ‘Gladstone House’ apartments at Castle Meadows are ideal for young professionals or couples, and a number of plots are currently available from just £87,995.
The delightful Plot 149 apartment, for example, is priced at only £87,995, and features a spacious living/dining room with open-plan fitted kitchen. A master bedroom, a further bedroom, a main bathroom and a handy storage closet are also located off the private internal entrance hallway, while outside, the property benefits from allocated parking and access to a beautiful communal garden.
Alternatively, for those looking for something a little more expansive, there’s a choice of spacious three and four-bedroom houses at Castle Meadows, priced from just £135,000 and £159,995 respectively.
All new homes at the development are finished to a high standard specification including energy-efficient central heating, double glazing and a fitted kitchen with integrated oven, hob and hood.
Castle Meadows enjoys a convenient location just a few minutes’ walk from the High Street in Hadley, where community facilities and shops for everyday needs can be found.
Just half a mile away is Hadley Learning Community School, a £70 million new school which includes a children’s centre, indoor swimming pool, fitness suite, theatre, library and outdoor pitches for use by the community.
The centre of the bustling town of Telford is just four miles away, boasting a wide selection of national and independent shops, as well as leisure amenities including the 450-acre Telford Town Park and Telford Ski Centre.
Commuters will appreciate that the development is just a short drive from the M54, putting Telford, Wolverhampton and Birmingham within easy reach.
For further information, visit taylorwimpey.co.uk.