Time to invest at Selwood Grove
With record rents, high demand and low interest rates on mortgages there’s never been a better time to buy-to-let. To help want-to-be investors get their first buy-to-let property and existing landlords widen their portfolios, Taylor Wimpey is holding an Investor Weekend at its Selwood Grove development this weekend 22nd – 23rd January.
Independent legal and financial experts will be on hand at the Frome development offering help and advice while Taylor Wimpey’s professional sale consultants will be on site giving tours of show homes and advice on aspects of buying-to-let.
Richard Goad, regional sales and marketing director for Taylor Wimpey, said: “Recent figures* have shown that demand for rented property is increasing at its fastest rate since the end of 2008, suggesting that it’s the perfect time for investors to expand their property portfolios and for would-be landlords to enter the market.”
The desirable Selwood Grove development with its selection of rentable three and four bedroom homes offers an ideal investment opportunity. With properties starting from just £174,995 investors can look forward to a rental income of up to £845 a month, equivalent to a six percent return on price.
Richard Candy, managing director of Lettings R Us, who will be at the event, commented: “Selwood Grove is conveniently located and offers an ideal investment opportunity. We’ve already been successful in letting out a range of properties at the development and have registered tenants looking for similar properties too. Rental rates are set to go up 10% this year, so it’s a good time to grab a great deal and we look forward to meeting with prospective landlords and offering free advice and valuations at the Investor Weekend.”
Selwood Grove provides homebuyers with the best of both worlds; modern living alongside the charm of bygone times. In addition to benefitting from the picturesque location of this charming market town, this development is within walking distance of everyday amenities and benefits from excellent transport links giving quick and easy access to Bristol, Bath, London and the West Country. The location, coupled with the range of properties available mean there’s a rental property to suit everyone from young professionals to families.
To find out more about investing in a property at Selwood Grove visit the marketing suite on Butts Hill, Frome on 22nd and 23rd January, from 11am to 5.30pm. Alternatively, log on to: taylorwimpey.co.uk
* From the Royal Institution of Chartered Accountants
