A boost for investors in Merthyr

Buy-to-let investors have been given a welcome boost with the news that low cost new homes are available for them to buy in Merthyr Tydfil.

Redrow Homes’ multi-award winning ‘Debut’ homes at Gelli Dawel, in Merthyr Tydfil, have already helped many first-timers make the leap on to the property ladder, and now investors are being given a slice of the action.

Buy-to-let investors looking for the perfect rental property will find one-bedroom homes available from just £53,995 and two-bedroom homes from £99,995 at Gelli Dawel.

Luly Brice, area sales manager for Redrow Homes (South Wales) said: “This is the first time we have made ‘Debut’ homes available to buy-to-let investors. The news will no doubt be welcomed by the investor market as the homes represent fantastic value for money.

“The appeal to landlords – and their tenants - includes the easy-maintenance, designated parking and the fact that there is a single monthly service charge, which includes the gas and electricity bills, plus water rates, buildings insurance, external maintenance and even the cost of window cleaning. And, at a time when household fuel bills are rising, Debut homes benefit from energy efficient communal heating and hot water systems which also save on cost.

“Landlords will also benefit as the homes are brand new and therefore require no costly repairs, renovation or decorating. They also get the reassurance of a 10-year National Housebuilding Council ‘Buildmark’ warranty.”

Gelli Dawel, is situated within easy reach of the town of Merthyr, which offers all the necessary amenities, including shops, pubs and restaurants, and there are good connections by road and rail to Cardiff.

First time buyers can still get a great deal on ‘Debut’ homes at the development, and can exclusively take advantage of Redrow’s ‘Easi-buy’ incentive, which enables them to defer 10% of the purchase price for up to 10 years, with no interest to pay. Buyers still own 100% of their new home from day one.

The marketing suite and show homes are open daily from 10am to 5.30pm. For more information on Gelli Dawel log on to redrow.co.uk.