Investment opportunities in Colchester

Colchester is a fast developing town that offers plenty of opportunity for property investors. To give an extra boost to potential investors, Barratt Eastern Counties is offering a stress free Guaranteed Rental Scheme for a limited period at its Horizons development in Colchester.

The scheme makes property investment exceptionally easy. Working in partnership with David Phillips Living, Barratt is offering a guaranteed 7% monthly income for one year and is even including a furniture pack within the price. This offer is available for apartments reserved from 1st to16th March inclusive.

Rebecca Littler, Sales and Marketing Director for Barratt Eastern Counties, comments: “Our Guaranteed Rental offer takes the worry and hassle out of property investment and will appeal to first time investors, as well as those who are more experienced. The property is furnished and the tenants organised, so there is no concern about the property standing empty. I would urge anyone interested to contact us as soon as possible to avoid missing out.”

The Guaranteed Rental scheme is available on one and two-bedroom apartments at Horizons. This attractive riverside development, set on the banks of the River Colne, offers a great lifestyle. It is just a short stroll from the town centre and a five-minute walk from Colchester North station. A free gym, exclusively for residents, will open shortly and purchasers even receive a complimentary bicycle to encourage a green and healthy lifestyle.

Transport links are excellent: the very frequent train service to London’s Liverpool Street takes just 55 minutes. For car travel, the A12 links directly to the M25 and Stansted Airport is just 20 miles away.

Professional property investor Grant Dempsey, who has bought ten new Barratt homes in Colchester, believes that the town has huge potential for investors: “Colchester Is a growing vibrant town with a large number of major employers in the area and plenty on offer in the way of restaurants, bars and night life. For the young professional market, it’s absolutely perfect.”

Colchester may be Britain’s oldest recorded town, but it is forward thinking and has big plans for the future. The town has been designated by the government as a ‘Growth Point’ as part of the Haven Gateway, and has attracted substantial funding.

Large areas of the town are being regenerated and new roads and infrastructure are planned, including a new junction on the A12. A new 10,000-seat stadium, the future home of Colchester United Football Club, will open later this year.

The apartments at Horizons are very well designed in a contemporary open-plan style. Each has a well-equipped kitchen, including a fridge/freezer, dishwasher and washer/dryer. Some of the homes have balconies and river views.

Prices start from just £139,995 for a one-bedroom apartment and £169,995 for a two-bedroom apartment. Some apartments are ready for immediate occupation.

For more information on the Guaranteed Rental scheme visit Barratthomes.co.uk.