Oaktrees in Borehamwood offers a perfect investment

Taylor Wimpey’s new-build flats at Oaktrees are providing investment properties in Borehamwood that are a lucrative alternative to money in the bank.

Potential rental yields of more than 6% at Taylor Wimpey’s Oaktrees development of new-build flats in Borehamwood are ensuring the desirable portfolio is in-demand with clued-up Hertfordshire landlords.

For example, an elegant two-bedroom, two-bathroom apartment at Oaktrees, priced at just £182,500, can command around £955* a month in rent, delivering a 6.1% yield on the investment.

Tony Woodman, Regional Sales and Marketing Director for Taylor Wimpey, says: “The new apartments at Oaktrees offer fantastic value for money, and when you take into account the excellent rental yield they can achieve, they are a investment property in Borehamwood with potential to deliver a return far more lucrative than money in the bank.

“Like most parts of the south east, properties in Borehamwood are experiencing an extremely buoyant rental market, as many first-time buyers struggle to get a foot on the property ladder.

“With this in mind, it makes perfect economic sense for potential landlords to invest in a property in Borehamwood now – and by choosing new flats at Oaktrees, they will get their money working harder for them as soon as possible.”

Two-bedroom apartments at Oaktrees are ideal for young professionals or couples, with each home featuring a generous open-plan fitted kitchen with living/dining area, two good-sized bedrooms and a separate bathroom. Many plots also benefit from an attractive balcony.

Selected apartments at Oaktrees boast en-suite bathrooms to master bedrooms, while all properties enjoy access to a delightful communal terrace and are finished to a high-level specification including central heating, double glazing and fitted kitchen with integrated oven, hob and hood.

Oaktrees’ location is in-demand with discerning renters, as it lies close to Borehamwood town centre and excellent commuter links.

Elstree and Borehamwood railway station is within easy walking distance, offering regular services to London St Pancras in less than 25 minutes. Located just within the M25, Borehamwood has excellent access to the M1, A1 and A41 into Central London.

The Sales Centre at Oaktrees, off Elstree Way, Borehamwood WD6 1JZ, is open Thursday to Sunday from 10am to 5.30pm and from 10am to 2pm on Mondays.

* According to property website findaproperty.com on 16th February 2011, the average asking rental prices for a two-bedroom apartment in Borehamwood was £955 per month.