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Buyer finds perfect investment at Somerton Court

20th November 2008 Print
Buyer finds perfect investment at Somerton Court Buyers looking for the perfect investment opportunity need look no further than to Barratt West Midlands' Somerton Court development on Short Heath Road in Erdington where the new homes have already proven to be the perfect investment for one local purchaser.

Fireman, Edward Allsop (51), purchased a one-bedroom apartment at the development of new homes as an investment for both he and his children, Claire (24) and James (21).

Edward commented, "Property investment had always appealed to me as a nest egg for the future, so when I saw the new homes at Somerton Court being built it seemed like the perfect opportunity to finally get on the property investment ladder. I originally bought the property with the intention of either Claire or James living in the apartment, but I have since decided to let out the property while still having peace of mind that if Claire of James decide that they would like to live there, that they can do so at today's prices.

"I was keen to buy a new build home because it requires little maintenance from me, which is ideal for an investment property. Plus these are the most desirable homes with those looking to rent which has meant that I have had no trouble in finding a suitable tenant and I have been very pleased with the quality of applicants.

"Both the sales and site staff have been fantastic throughout the purchase and I have been very pleased with the level of service received. Everyone at Somerton Court has been extremely helpful and have really bent over backwards to help me buy the home I wanted whilst offering me some great deals such as a home moving allowance, carpets and a fully fitted kitchen which made the property great value and a fantastic investment for my future."

Graydon Worthing, Sales Director for Barratt explained, "New build homes in particular are a great investment for the buy-to-let market as they require little maintenance in the first few years and are much more desirable than second hand homes, therefore often gaining a higher rental income.

"What's more we also have a great range of home moving deals such as stamp duty or deposit paid to our investor package or we could even include all the furniture, meaning homebuyers like Edward can rest assured that they are getting a great deal."

Somerton Court offers a selection of one- and two-bedroom apartments. Prices start from £123,750. For more information log on to Barratthomes.co.uk/somertoncourt.

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Buyer finds perfect investment at Somerton Court