Secure income for buy-to-let investors at Altius

Buy-to-let investors who purchase a new George Wimpey apartment at Altius in Clapton will have a guaranteed rental income until 2012 through a simple new scheme.

The offer aims to help would-be landlords enter the buy-to-let market by guaranteeing a gross rental yield of 6% of the purchase price for the first four years.

George Wimpey’s approved letting agents will then make life even easier for the new landlord by finding a tenant for them – and they’ll still receive monthly rental payments even if their property is empty.

Tina Dedman, Regional Sales and Marketing Director, comments: “This is a really straightforward scheme which allows buyers to enter the buy-to-let market safe in the knowledge that they will receive a 6% return until at least 2012.

“Reports suggest that the rental market in the UK remains buoyant and we’re certainly still receiving a great deal of interest from both seasoned investors and those looking to become landlords for the first time.

“Our apartments at Altius are modern, well designed, low maintenance and cost-effective to run, making them ideal rental properties for the London commuter market.”

Just one of the apartment designs set to be popular with investors and tenants features a large living room with a private balcony, a stylish kitchen, two bedrooms – one benefiting from en-suite facilities – a family bathroom and private entrance hallway with generous storage closet.

One-bedroom apartments at Altius are currently available from £240,000 whilst two-bedroom apartments are priced from £279,995, and three-bedroom designs start from £349,995.

In a fabulous London location, and situated on the edge of the proposed London 2012 Olympic Village, the development is close to a selection of local shops, bars and restaurants, and within easy reach of the bright lights of the City.

For those who love an active lifestyle, Lee Valley Riding and Ice Centre, Springfield Rowing Club, a golf driving range and an equestrian centre are on the doorstep, plus a selection of health centres and leisure clubs.

Clapton train station is only a few minutes’ walk from Altius, putting Liverpool Street just 10 minutes away, while the A10, A12, A13 and M25 are all handy for commuters, and London City Airport is only nine miles away.

Further information is available by visiting the Sales Centre, located off Mount Pleasant Hill, Clapton and open daily from 10am to 6pm, or by visiting the web site at Georgewimpey.co.uk/rental.