Make the most of your money by investing in property
With interest rates at an all time low, Taylor Wimpey Southern Counties is encouraging people to consider the benefits of investing their money in bricks and mortar.
With the top rate of interest offered by financial institutions standing at around 3%*, many people are getting very little return for their money.
However, would-be landlords could expect rental yields of around 7%** if they invested their hard-earned cash in an apartment at Austen Court in Hillsea.
This stunning development includes a collection of one bedroom apartments, which would make a perfect investment. They can be snapped up for as little as £100,000 and rented out for up to £575**, giving the owner a net annual income of around £6,210**.
Sarah Pasco, regional sales director for Taylor Wimpey Southern Counties, said, “Buying one of these brand new apartments could be a smart move for investors and would-be landlords. Not only do they offer a significant financial return in the short term but they also represent a good long term investment opportunity.
“We’re urging those interested to visit Austen Court now to find out how they could reap the rewards that investing in bricks and mortar can bring.”
The one bedroom Heaton House apartments boast a sizeable open plan kitchen/ living/ dining room with French doors leading onto a balcony, a master bedroom, modern bathroom and allocated parking space.
Located amongst mature trees on the north end of Portsea Island within an established residential area of Hilsea, Austen Court benefits from its close proximity to Portsmouth city centre, while Hilsea railway station offers commuters a direct line to London Waterloo.
In addition to one bedroom apartments, there’s also a collection of two bedroom apartments priced from £132,000.
For further information on the homes available, visit taylorwimpey.co.uk.
*according to moneysavingexpert.com
**Figures according to fox & sons and correct at time of going to press. Subject to terms and conditions on selected plots.
