Stylish apartments make ideal investment

The financial pressures of putting a child through university have never been greater, but at Barratt’s latest stylish city centre development at CV One in Coventry, parents are investing in their and their children’s future by reserving many of the new homes there off-plan.

The development in Lower Ford Street is proving to be a big hit with buyers looking for a good long-term investment opportunity – and peace of mind!

The location couldn’t be better. Just a short walk from Coventry University and five minutes from the city centre, the properties here make ideal homes for students, young professionals working in the city - and investors.

Many have already been snapped up by parents buying for their children studying at the university across the road, as sales negotiator, Tracey Richardson explains: “We’re getting a huge amount of interest from students’ parents. Mums and dads are naturally eager to see their children living in good accommodation that is close to the university. A lot have reserved early off-plan to make sure their children are settled in, in time for the start of the new academic year in 2008.”

According to the Direct Line Second Properties Index, there has been a 26 per cent increase in parents buying properties to house university students since 2000.

“Buying at CV One gives parents the double advantage of providing their children with a great first home (and peace of mind for them!), as well as having a good rental opportunity longer term,” added Tracey. “At the same time, the students can enjoy stylish living in fantastic accommodation that is a far cry from the typical student digs!”

Rental returns are excellent - local agents are letting out homes at CV One within 24 hours; such is the popularity of their central location and stylish, easily maintained designs. This winning combination is also attracting a lot of young professional buyers relocating to the area.

The new phase of one and two-bedroom luxury apartments will be ready for June 2008. Prices range from £142,950 to £151,950.

Those on the ground floor feature French doors and those on the first, second or third floors have doors onto Juliet balconies. Each comes with an allocated parking space.

The accommodation includes a modern, fully equipped kitchen, two double bedrooms plus an entrance hall with storage. The master bedroom has an en suite and there is an additional family bathroom, which is ideal for house-sharers. These apartments also benefit from secure entry systems. Energy-efficient heating and double-glazing ensure that fuel bills are kept to a minimum, whilst all properties are covered by a 10-year NHBC warranty.

CV One is a superb development, centrally located within walking distance of all Coventry’s amenities, which include a wide choice of bars, restaurants and shops - as well as the bus and train stations. Just minutes from Coventry University, CV One also offers secure private parking accessed via electric gates – a real boon in the city.

The sales office is open daily from 11am until 6pm for further information. Alternatively, interested buyers can go online at Barratthomes.co.uk/cvone.