Handley Place – A hotspot for investors

Barratt North London recently released a new phase of homes for sale ahead of schedule at its Handley Place development in Frogmore, St Albans.

The new phase of seven, two-bedroom apartments and three-bedroom houses is testament to the demand for quality homes in Frogmore.

Handley Place is proving a hotspot for investors such as James Miller, who purchased three, two-bedroom apartments there, explains: “I live near to Handley, so I know the area and the market very well. Buying a newly built property is a good option for investors; there’s no prior work required, so it can be let out immediately, and on top of that, it’s easy to maintain.

“The development is a very well presented and the homes have a high specification. It’s great for commuters, so it didn’t take me long to find the right tenants for my three apartments. I have no hesitation in recommending Handley Place to investors.”

The scheme is also ideal for young professionals and families who want to buy their own home in the area, and those currently living in London but who’d prefer a more affordable address within easy commuter distance.

Glyn Hopping, managing director of Barratt North London, says: “Handley Place is attracting local people who know a good investment when they see it; whether they buy to live there or to let out their property. Prices are extremely good at the moment and by purchasing off-plan you will be able to choose all your fixtures and fittings.”

If you’re a homeowner but are worried about selling your existing home, Barratt can help. With its Part Exchange scheme, Barratt can buy your old home so you can concentrate on moving into a brand new home at Handley Place. There’s no chain, no estate agency fees to pay or HIP to prepare; you can even stay in your old home until your new one is ready.

For commuters, St Pancras International is less than an hour away, while Luton airport is just 15 miles by car. The A1M and M1 both provide direct access into London; the M25 is just three miles from Handley Place.

Prices start from £208,000 for a two-bedroom apartment, from £330,000 for a three-bedroom house and from £395,000 for a four-bedroom house. For further information, log on to Barratthomes.co.uk.