A dream investment from Barratt

Looking for a dream investment? Three show homes at Barratt’s Grange Court development in Quedgeley, Gloucestershire, are now for sale on a leaseback basis.

“This is an excellent investment opportunity,” explained Barratt sales director Louise Ware. “An investor buys one of our show homes – the Radleigh, Thornton or Woodcote – and then leases it back to us at very competitive rates for a 12-month period, until the development is complete.

“The investor is guaranteed a very attractive monthly income for the next year, as the Radleigh, priced at £315,995, would yield a monthly rent of £1,400. The Thornton is priced at £292,995 and would offer a rent of £1,300, while the Woodcote, priced at £246,500, would yield £1,000 per month.”

The Radleigh and the Thornton are four-bedroom detached houses with light and spacious interiors, and the Woodcote is a four-bedroom town house with an open plan living/dining area. All come with garages and parking spaces.

When complete, Grange Court will offer 79 homes to suit all age groups - from two-bedroom apartments to three, four and five-bedroom houses. Prices range from £144,995 for a two-bedroom apartment to £363,995 for a five-bedroom detached house. Buyer incentives include Full Value Home Exchange for people moving to a larger property.

Grange Court is part of the new Kingsway development, which will eventually offer two new primary schools, shops, a state-of-the-art health centre, a community centre, football pitches, a cricket pitch and several tennis courts.

This major new community is located just three miles from the M5 motorway and the new South West Bypass will link it to Gloucester city centre and other major routes around the county. Gloucester train station is just over a mile away, offering frequent services to London Paddington, Bristol and Reading.

For further details of current availability at Grange Court, visit Barratthomes.co.uk.