Investment opportunities at Torre Marine

Investors are finding that properties can offer a good rental income at Torre Marine, Barratt’s flagship development in the seaside town of Torquay. One investor from nearby Paignton, bought a three-bedroom Keswick house at Torre Marine and secured a tenant within two weeks of completing his purchase.

“Torre Marine is a very attractive new development and I consider my purchase to be a very good investment,” he said.

“Savings may be affected by falling interest rates but property still offers long-term financial rewards. Values will increase when the market stabilises and, in the meantime, I am receiving a regular income from my tenants.”

Before buying a property at Torre Marine, he invested in a three-bedroom semi-detached house at Barratt’s Rio development in Bridgwater. Once again, he secured a tenant as soon as he had bought the property.

“Torquay and Bridgwater are good locations for property investors as both towns have undergone extensive regeneration and their communities are thriving. Also, Torquay is close to all the main roads out of Torbay and Bridgwater lies near to the M5 motorway, so both are ideal locations for commuters.

“Barratt provided an excellent service and the sales teams were always willing to help with any queries. I’m very happy with them and may buy another property later in the year,” he concluded.

Louise Terry, Barratt sales manager, adds: “As the largest house builder in the UK, Barratt has developed strong relationships with letting agents, mortgage brokers and legal firms.

“This ensures that investors can find the best mortgage for their circumstances, the best rental rates for properties and the best advice from tried and trusted legal experts who leave no stone unturned.”

Now in the second phase of development, Torre Marine offers a selection of apartments and houses. Current availability includes townhouses priced from £204,950, and a two-bedroom apartment reduced from £188,000 to £165,000.

Torre Marine offers smart, contemporary living in a fabulous residential location. The development nestles away from the tourist traps, yet it is only a 15-minute walk to the beach, marina and town centre. The railway station is also close by.

For further information on current availability call the Torre Marine sales office, open seven days a week from 11am to 6pm (8pm Thursdays), or visit Barratthomes.co.uk online.