Leading Warwickshire homebuilder Barratt Homes has revealed its top reasons why people looking to invest should consider the Nuneaton property market.
Typical interior of an apartment with Barratt Homes Mercia
Whether they’re an investor who manages a wide property portfolio, or someone who is just setting out as a private landlord, investing in bricks and mortar could provide a solid income with a great long-term investment.
With pent-up demand for properties still being high now the property market is back up and running, now is a great time to take advantage of many homebuying incentives and secure a new property.
Barratt Homes is offering a selection of modern one and two bed apartments at its Saxon Meadows development on Queen Elizabeth Road.
Steve Barton, Senior Sales Manager at Barratt Homes Mercia, said: “Our properties can make excellent buy-to-let investments as they are built using the latest construction techniques and are energy efficient, well designed and located in areas that are desirable to tenants.
“We make the entire process of buying and letting property as simple as possible, making it easier to enjoy the benefits of a buy-to-let property investment.”
The top reasons to invest in a Barratt apartment include:
Stamp Duty savings make now a good time to invest
Following the Chancellor’s announcement that there’s no Stamp Duty to pay on properties up to £500,000 until 31st March 2021, property investors are set to benefit from large savings. Buy-to-let investors will still be required to pay the 3% additional Stamp Duty rate, but this will be significantly lower than previously.
Whilst many homebuyers are already taking advantage of the incentive, investors will need to act quickly if they want to save thousands on their next property, and can do so with the range of apartments currently available at Saxon Meadows.
High rental yield and incentives available
Buyers looking to reserve an apartment at Saxon Meadows will receive a £1,000 incentive towards moving costs and can benefit from a very competitive 5% rental yield. The apartments will be ready for tenants to move into in March, which is known for being one of the most popular times people look to move.
Hassle free investment with no DIY needed
For those looking for a hassle free investment, a new build home is ideal because there is no need to do any DIY or change anything within the home. This means your tenants can move in straight away and investors can start earning money more quickly.
Desirable properties attract a range of tenants
Steve added: “With location at the forefront of our minds with each development we build, we strive to provide expertly crafted homes in areas that appeal to a range of buyers, meaning tenants will be attracted to what you have to offer.
“Saxon Meadows offers buyers the best of both worlds, as it’s set in fantastic location which balances a peaceful pace of life with being close to the vibrant centre of Nuneaton.”
For more on buy-to-let opportunities, please visit https://www.barratthomes.co.uk/Buying-to-let/A-better-buy-to-let/
To find out more information about the developments, please call the Barratt sales team on 033 3355 8478 or visit www.barratthomes.co.uk/saxonmeadows