Good news for buy-to-let in Bletchley

According to new figures an increasing number of buy-to-let landlords are making a profit thanks to recent cuts in the bank base rate and a high demand for rental properties.

Latest figures show that 75% of landlords are making a profit and profits are up 5% on the last quarter, which represents a return to the same period in 2007*.

With this in mind shrewd buyers searching for an investment property could find what they are looking for at Redrow @ Bletchley Park, Bletchley.

Tonia Tyler, area sales manager for Redrow Homes (South Midlands), said: “The outlook for buy-to-let investors is positive, with banks lowering their interest rates, and some great deals available from developers.

“Such is the high quality and specification of our apartments at Redrow @ Bletchely Park, they represent a good long-term investment prospect for buy-to-let purchasers, who can use rental income to subsidise a mortgage in the short term and still know that the property is likely to be worth considerably more in 10 to 15 years time.”

Designed with style in mind, the apartments at Redrow @ Bletchley Park are arranged in two buildings, each around a central landscaped courtyard. With each home also featuring a single parking space, each one is as stylish on the inside as it is on the outside; featuring spacious open-plan living, dining and kitchen areas, two bedrooms, one of which boasts an en-suite, and the main bathroom. Prices start from £149,995.

Picturesque Bletchley is steeped in history as the town where as Britain’s WWII codebreakers cracked the supposedly unbreakable Enigma code. Redrow @ Bletchley Park enjoys a pleasant setting surrounded by stunning nature reserves. It’s just a few minutes walk away from Bletchley train station and close to the bright lights of Milton Keynes, this is a development that offers everything.

For further details, log on to Redrow.co.uk.

*Research carried out for buy-to-let mortgage brokers the Money Centre.