Property investment is safe as houses says builder

When West Brom builder Jason Lines decided to invest in property for the first time it was definitely a case of sticking close to home. Jason is site manager for George Wimpey West Midlands at flagship development Wesley Gardens on Bank Street and could think of no better place to buy a property - and one he built himself!

He explains: “I bought a two bedroom/two bathroom designer apartment because of the space available and the sheer value for money it offered. I found a young professional tenant straight away and the rent more than makes it self sufficient. I obviously rate the product and the build quality, but this is also a very up-and-coming new area benefiting from a lot of regeneration. The development is nicely tucked away in a cul-de-sac and away from the main roads, so it’s also a solid investment for the future.

“In the two years I’ve been here I’ve really seen the site come on and develop into a desirable place to live and invest, plus it’s very handy for the M6/M5 motorways, which is always a big consideration with professional tenants. And despite what the doom and gloom merchants say, property is still the safest investment option there is – especially if you look at it medium to long term rather than for quick profit.”

Wesley Gardens is a £17million regeneration scheme made up of 75 distinctive new homes and 50 designer apartments. It builds on the previous Wesley Park development nearby and continues the long standing tradition of George Wimpey West Midlands in West Bromwich. Quite a few sales have been to families from the Wesley Park development completed a few years ago - who like the area but want to trade up!

The final phase has recently been launched with over 80% now sold and last availability includes three bedroom semi detached homes with garage from just £149,995 and four bedroom versions from only £154,995. Many will have great views over the area of public open space that fronts the whole of one end of the development – which the housebuilder anticipates will act as a focal point and congregation area for locals already big on community spirit – and also coveted garages and driveways.

For more information, log on to Georgewimpey.co.uk.