Buy to let investment apartments in Tonbridge
With a number of buy-to-let purchasers already snapping up waterside apartments in Tonbridge, other would-be investors who choose to join them could see a higher yield on their savings.
The one and two-bedroom apartments at Cannons Wharf, located alongside the banks of the River Medway, offer the ultimate in tranquil living in a sought-after setting.
Many buy-to-let investors have already purchased and successfully let out apartments at the venture and there’s still time for others to share in their success.
Hazel Fountain, branch manager for lettings agents Ashton Burkinshaw, believes Redrow has struck on a winning combination of prime location and a great specification, which is proving to be a strong pull for renters.
“In terms of investment potential, these apartments tick all the boxes,” she said. “They are in a popular location, within walking distance of the town centre and train station, and are built to a high specification with stylish, contemporary fitted kitchens and sleek bathroom suites.
“The apartments for let at Cannons Wharf tend to get snapped up very quickly. We usually secure tenants on the first viewing, that’s how popular they have been. Many of our clients are commuters so they benefit from the short walk to Tonbridge Station, which has direct services to London in just 45 minutes. ”
Based on previous successes, Ashton Burkinshaw estimate the rental value of a one-bedroom apartment, priced from £159,950, is up to £600 a month and for a two bedroom apartment, priced between £165,950 and £235,950, is between £850 and £950 a month.
Beryl Williams, areas sales manager for Redrow Homes (Eastern), added: “The Cannons Wharf apartments have a proven track record of providing investors with a constant and continual income. Based on the rentals that are being achieved, the potential is certainly there for one-off cash investors to get a higher return on the savings than if they leave their money in the bank.
“The waterside location of the development is the stand-out feature and the high internal specification of the apartments ensures they appeal to discerning professionals.”
Properties are ready to move into and come fully carpeted. Designed for modern living, most homes offer open-plan living areas and all have fabulous fitted kitchens with an array of appliances included, plus clean and contemporary bathrooms with white suites and high quality fixtures and fittings.
Cannons Wharf offers commuters an ideal retreat from the hustle and bustle of city life, within easy reach of the M25 and M20 via the A21, providing great links to London and the coast.
Tonbridge town centre, with all its amenities including shops, cafes, restaurants and supermarkets, is just a short walk away.
For more information visit Cannons Wharf on Medway Wharf Road, where the sales office and show home are open daily from 10am to 5.30pm.
