Apartments proving top choice for investors

Savvy investors who have purchased buy-to-let properties in Tavistock are reaping the rewards as the apartments prove popular with renters. A number of two-bedroom apartments and coachhouse properties at Redrow’s Tiddy Brook Meadows development on Plymouth Road have been snapped up by buy-to-let investors, who spotted their rental potential and are now being proved right.

Local letting agent Maria Craze, who deals with residential lettings at Ward and Chowen, in Tavistock, has quickly found tenants for all four properties at Tiddy Brook Meadows that she has advertised.

She said: “The apartments and coachhouses at Redrow’s development have been popular with couples, young professionals and young families. Once people view them they normally want to move in as soon as possible.

“They appeal to prospective tenants for a variety of reasons. Most people like the fact that they are brand new, all nicely carpeted, with stylish modern kitchens and neutral decor. Each property has a garage or parking space and that is always appealing too.”

Redrow currently has a selection or Argal apartments available from £161,950 and Aled coachhouse apartments over garages, from £161,995.

Hannah Newnes, area sales manager for Redrow Homes (South West) said: “Tiddy Brook Meadows has been a popular choice for many types of homebuyers, including investors looking to capitalise on the area’s healthy rental market. It has a great selection of contemporary two-bedroom apartments, which are a sought-after property type for renters.

“Our Argal apartments are designed and decorated in a fresh, modern style and with an open-plan kitchen/diner – perfect for entertaining or for relaxed evening meals with a partner or friends. The benefit of the en-suite bathroom means that there is one bathroom per bedroom so tenants who are sharing can enjoy the privacy of their own bathroom – which can certainly save on shower-time when running late for work.

“Similarly, the Aled apartments have a spacious open-plan kitchen/diner and come with the added bonus of an integral garage.”

Tiddy Brook Meadows is located on the edge of Tavistock, a beautiful town in the Devon countryside. There is a wealth of amenities close at hand, such as pubs, restaurants, shops and some well respected schools.

Perfect for sport enthusiasts, Tavistock provides a wide range of activities that include cricket, golf, tennis and rugby. It is also close to Dartmoor National Park and Morwelham Quay for those with a love of the ‘great outdoors’, as well as being within easy reach of a variety of National Trust homes and attractive nearby villages.

Tiddy Brook Meadows is situated on the Plymouth Road just off the A386 on the south side of Tavistock, making it easily accessible for commuters.

As well as the Argal and Aled apartments, Tiddy Brook Meadows also currently features a selection of three-bedroom terraced and semi-detached houses, with prices from £220,995.

For more information about available apartments, or any other properties at Tiddy Brook Meadows, visit online Redrow.co.uk.