‘Olympic' apartments are ripe for investment

Would-be landlords seeking a secure way to invest in property need look no further than George Wimpey's apartments at Altius in Clapton, London E5. Those purchasing with a view to rent out their property can take advantage of the leading housebuilder's new scheme, which guarantees a rental income for the first four years of ownership.

Perfect for new landlords entering the buy-to-let market, the offer secures them a gross rental yield of 6% of the purchase price until 2012.

In addition, George Wimpey's approved letting agents will find a tenant for them - and even if the property is empty they'll still receive monthly rental payments under the scheme.

"Through the Rental Guarantee scheme we aim to give new investors security and peace of mind by offering a 6% return on the purchase price until 2012," explains Tina Dedman, Regional Sales and Marketing Director.

"Our modern, low-maintenance apartments at Altius are in an ideal location for investment, close to local shops, bars and restaurants and within easy reach of the City for commuters. It's also an area with an incredibly bright future, situated within walking distance of the proposed London 2012 Olympic Village in an area where a huge amount of regeneration is already underway."

Just one of the apartment designs set to be popular with investors and tenants features a large living room with a private balcony boasting river views, a stylish kitchen, two bedrooms - one benefiting from en-suite facilities - a family bathroom and private entrance hallway with generous storage closet.

One-bedroom apartment designs at Altius are currently available from £245,000 whilst two-bedroom apartments start from £270,000 and three-bedroom designs are priced from £349,995.

For those who love an active lifestyle, Lee Valley Riding and Ice Centre, Springfield Rowing Club, a golf driving range and an equestrian centre are on the doorstep, plus a selection of health centres and leisure clubs.

Clapton train station is only a few minutes' walk from Altius, putting Liverpool Street just 10 minutes away, while the A10, A12, A13 and M25 are all handy for commuters and London City Airport is only nine miles away.

Further information is available by visiting the Sales Centre on Mount Pleasant Hill, Clapton and open daily from 10am to 6pm.

Information for investors on all George Wimpey developments across the region is available by visiting the web site at Georgewimpey.co.uk/rental.