New apartments excellent investment with good rental returns expected

Looking to move onto the property ladder with a good solid investment? Why not consider the recently converted one bedroom apartments currently being marketed by Fernham Homes?

The Keys, in Pembury Road, is an excellent development of just six apartments each benefiting from gas central heating with radiators, double glazed uvpc windows with security locks and the important addition of fitted carpets included in the price.

The open plan kitchen/lounge is particularly attractive with a large window providing a very bright and pleasant living area. The well fitted kitchen has a range of units including a fitted gas hob, electric single oven, extractor hood, fridge and washer/dryer.

The shower room has white sanitary ware with contemporary style taps and the home has modern recessed downlights to some areas. There is also a paved area to the rear of the building with a communal bicycle rack.

So why are these so special?

Firstly buying close to amenities is always important when looking at an investment property and The Keys certainly satisfies this criterion. The centre of Tonbridge with its excellent range of shops and chain stores is within easy walking distance. So too is Tonbridge mainline station with fast direct links to central London and Ashford International for the commuter. The A21 links with M25 and Tunbridge Wells is also within very easy reach.

Kevin Murphy, Managing Partner of Bennett & Stevens, local, established letting agents in the town says, “We would anticipate a return of around £550/575 per calendar month on these apartments. This is a good return on an asking price of £145,000.

With fitted carpets and a well designed kitchen the homes are almost ready for occupation, which again makes them very viable.”

In addition, Stamp Duty is being paid by Fernham Homes for anyone exchanging in the course of the next few weeks.

Price from £145,000

For further information, visit fernham-homes.co.uk.