Buy-to-Let can pay off at Taylor Wimpey’s Woodall Grange in Dudley

Taylor Wimpey is inviting people looking for an enticing investment opportunity to visit its sought-after Woodall Grange development in Dudley.

There has never been a better time to explore the benefits of the rental property market, with low interest rates and rising rents making an investment in bricks and mortar a very attractive option.

In fact, recent figures showed mortgage borrowing to fund buy-to-lets has hit a five-year high with investors looking to cash in on the flourishing property market.

Potential gross rental yields of more than 5% means Taylor Wimpey’s desirable portfolio of new-build apartments at Woodall Grange is in demand with clued-up landlords.

For example, a two-bedroom apartment at the development, priced at just £99,995, can command around £450 a month in rent, delivering a 5.4% yield on the investment.

Anne Wallace, Regional Sales and Marketing Director for Taylor Wimpey, says: “Buying a property to rent out can be a savvy investment opportunity and purchasing one of our new-build apartments makes sense for clued-up landlords because the upkeep and maintenance costs are likely to be lower than with a second-hand property.

“We are confident the contemporary apartments at Woodall Grange will appeal to a wide range of tenants in the West Midlands and would urge prospective investors to come and find out more about this fantastic opportunity.”

The two-bedroom ‘Canterbury’ apartment, priced from £99,995, features an open-plan kitchen/living/dining room, an en-suite master bedroom, a further bedroom and a main bathroom, while there’s allocated parking outside.

All apartments also come complete with a dishwasher, a washer/dryer, a fridge freezer, a hob, a single oven and flooring, making them an ideal rental purchase.

Woodall Grange enjoys a well-connected location off Constitution Hill, just a short stroll from the extensive selection of shops, restaurants and entertainment venues in Dudley town centre.

Meanwhile, big name brands, niche products, everyday items and special gifts can be snapped up at any one of over 230 stores at Merry Hill Shopping Centre, three miles away, where food from across the globe can be enjoyed at more than 50 places to eat.

Families will also appreciate the good choice of nursery, primary and secondary schools located near the new homes.

The development is perfectly placed for those who work in Dudley town centre while there’s also quick access to the A4123 into Birmingham or Wolverhampton and junction 2 of the M5 motorway is just a few miles away, providing links to the M42 and M6 for the Midlands and beyond. Dudley Port railway station is just over two miles from home, offering services into Birmingham New Street in approximately 15 minutes.

To find out more about the investment opportunities available at Woodall Grange, property-seekers can visit the Sales Centre, located off Martin Hill Street, Dudley, DY2 8RT, and open Thursday to Monday from 10am to 5pm.

Information on Taylor Wimpey developments across the region is available by visiting taylorwimpey.co.uk/midlands.