Many happy returns for investors at OR

Investors looking to take advantage of the current upsurge in demand for rental properties should pay a visit to ‘OR’, Jelson Homes’ landmark Peterborough development. The chic city centre apartments are currently generating net rental returns of around 4.9%* and that takes into account the service charge.

With a range of recently released properties to choose from and low interest rates on savings, a new apartment at OR could provide a good investment, especially compared to leaving your money in the bank.

Following the re-launch of this popular development in February, there has been a flurry of reservations. Now only two duplex apartments remain along with a selection of 2 and 3 bedroom apartments.

OR’s striking modern design and enviable location combine to make it one of the city’s coolest places to live. Add to this the spacious accommodation and high level of specification and it’s hardly surprising that a host of investors have taken advantage of this opportunity and are already reaping the rewards.

Each apartment features light, airy accommodation that offers low maintenance living but also plenty of space to relax. Kitchens come complete with stainless steel appliances and bathrooms have crisp, white sanitary ware with chrome taps, towel rail radiators and Porcelenosa tiling. The living and kitchen area have beech laminate flooring, while the other rooms are fitted with carpets as standard. The apartments also benefit from a conventional ‘wet’ central heating system and ambient lighting courtesy of recessed ceiling down lighters.

Located just a few minutes’ walk from Peterborough’s thriving city centre and mainline railway station with its excellent links to London and beyond, OR is ideally located for 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**.

There’s plenty of choice when it comes to shopping thanks to Queensgate Shopping Centre’s range of high street and designer stores. There’s also an eclectic range of eateries as well as a host of bars, pubs and clubs providing for great nights out.

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, or go online to jelson.co.uk/or.

*Based on current value of completed plots 49 & 51 with rental income of £595 per month and service charge of £500 per annum.

**Source: thetrainline.com