RSS Feed

Related Articles

Related Categories

Many happy returns for investors at ‘OR’

3rd February 2009 Print
Many happy returns for investors at ‘OR’ Investors looking to make a shrewd move should pay a visit to ‘OR’, Jelson Homes’ landmark Peterborough development. With rental returns of around 6%*, a new lower service charge and a range of newly released duplex apartments to choose from, a new apartment at OR could provide good rental yields even in the current climate.

Thanks to its striking modern design and enviable location, the development has become known as one of the city’s coolest places to live. While OR's appeal is broad, it’s particularly well suited to young professionals seeking a trendy city pad and downsizers in search of an apartment to ‘lock up and leave’ while taking advantage of the area’s great airport connections to spend more time abroad.

Each duplex apartment features light, spacious accommodation that offers plenty of space to relax or entertain and an outstanding specification – so they’re ready for tenants to move straight in. Kitchens come complete with stainless steel appliances, while ambient lighting courtesy of recessed ceiling down lighters is fitted to all rooms. There is beech laminate flooring to the living and kitchen area and in other rooms carpets are fitted as standard. Bathrooms and en-suites feature crisp, white sanitary ware with chrome taps and Porcelenosa tiling. Bedrooms are generously proportioned and private courtyard gardens accessed via patio doors offer a great extension to the living area.

Located just a few minutes’ walk from Peterborough’s thriving city centre and mainline railway station with its excellent links to London and beyond, it’s easy to see why OR is proving a popular choice with both commuters and those who work locally. There’s excellent access to the A1 and direct train services from Peterborough to London Kings Cross in as little as 53 minutes**.

Meanwhile, Shopaholics can indulge at Queensgate Shopping Centre with its range of high street and designer stores and foodies can enjoy the eclectic range of eateries. There’s also a host of bars, pubs and clubs providing for great nights out as well as Peterborough’s theatres, showcase cinema and Greyhound stadium.

Prices start from just £129,950 for a 2 bedroom, 2 bathroom duplex apartment. To find out more about how an apartment at OR could prove a sound investment, visit the Show Home open Friday, Saturday, Sunday and Monday, 11am - 5pm

More details are also available online at Jelson.co.uk/or.

*Based on current value of completed plots 49 & 51 of £695 per month and service charge of £500 per annum.
**Source: thetrainline.com

More Photos - Click to Enlarge

Many happy returns for investors at ‘OR’