Last Wrexham apartment is great investment opportunity
With the property rental market said to be booming and private rents rising across the UK, the opportunity to become a part-time landlord must be tempting.
And for those taking their first steps into the buy to let market, a brand new apartment has to be one of the best options. Everything is brand new so the property is easy to manage and efficient to run.
That’s certainly true of the final apartment at Redrow’s Pentre Bach development, in Wrexham, which is on the market for a very competitive price of £88,995.
The Abington style apartment, in a block of just six properties, has two good sized bedrooms and a high specification kitchen and bathroom.
Elaine Mounsey, area sales manager for Redrow Homes (NW), commented: “For those looking for a buy to let property, a new-build has lots of advantages, not least the fact that it will need little or no maintenance, comes with a 10-year Buildmark warranty and appliances are covered by manufacturers’ two year guarantees. The fact that everything is brand new and the kitchen and bathroom are finished to a very high standard should also make this property easy to rent.
“However, the property’s appeal isn’t only limited to buy to let investors. These same factors will make the Abington apartment equally attractive to owner occupiers, especially first time buyers or older people who are downsizing to something more manageable; neither of whom want to take on an older property that requires high levels of DIY.”
As well as the last remaining two-bedroom Abington apartment, Pentre Bach also features a choice of two, three and four-bedroom homes with current prices from £129,995 to £242,995.
All of the properties boast Redrow’s high specification as standard. Kitchens are well equipped with integrated top brand name appliances including oven, microwave ad fridge freezer, with floor to ceiling cabinets and extra wide drawers providing a stylish storage solution. Bathrooms and en-suites boast sleek modern suites with quality fixtures and fittings and an exclusive tile range.
Some of the homes, including the three-bedroom Euxton, are almost ready to move into. On the market at £169,995, the Euxton features an open plan kitchen and dining room with a separate living room. Upstairs the master bedroom boasts an en-suite shower room to complement the family bathroom.
“One of the advantages of buying a brand new home is that it won’t need lots of repairs or renovations before you can move in. Everything is shiny and new so you won’t have to live with the previous owner’s DIY disasters or their decor.” Elaine added.
“And on average new build homes are around 40% more efficient in their use of energy than those built just 10 years ago. Well insulated with double glazing and central heating included as standard, it means that unlike those who live in an older, second hand property, our customers won’t have to worry about cranking up the heating this winter and receiving hefty bills. They should hopefully save money on their running costs.”
Located off Ruthin Road, Pentre Bach is close to Wrexham town centre and within commuting distance of Chester and Oswestry. It means that residents can enjoy the benefits of the town’s amenities but still be close to the glorious North Wales countryside.
The show homes at Pentre Bach are open daily from 10am to 5.30pm.
