Looking for a better return on your investment?
There’s never been a better time to invest in property. With interest on savings producing a low return, investing in a brand new home could make your money work harder.
An increasing demand for rental accommodation means investing in bricks and mortar now will enable you to take advantage of rental returns and the opportunity for long term capital growth. Plus the added benefit of attractive property prices and unprecedented low interest rates makes buying now more affordable.
Buying a brand new property takes away the extra stresses and strains often associated with rental management. All Crest Nicholson properties are built to exacting standards and come with the following benefits, leaving you with you a hassle free and highly marketable investment.
- No need to decorate. Crest Nicholson properties are finished to the highest standard.
- Furniture packages and Interior design schemes on selected plots mean you'll really stand out from the competition.
- Prime locations, often within close proximity to transport links command premium rents.
- Improved energy efficiency. Brand new homes are four times as energy efficient as a second hand property. Lower energy bills are a key selling point for today's tenants.
- Low maintenance. Investing in a brand new property means you don't have to worry about fixing any minor faults that often occur with older second hand homes. What's more, every new property comes with Crest Nicholson's 2 year guarantee.
- 10 year NHBC warranty, gives you long term peace of mind.
- Whether you’re looking for your first investment property or adding to an extensive portfolio we can make the process easier. Our panel of Independent Financial Advisors can help you find the best mortgage deal. We can even recommend a letting agent to find a tenant quickly and provide you with a one stop management solution.
Why invest at Park Central?
Park Central’s choice of properties ranging from one bedroom apartments to three bedroom townhouses, continues to attract a broad range of tenants and purchasers.
Enjoying a prime city centre location in the heart of Birmingham, Park Central is a highly sought after development. The site is within walking distance of the city’s centre which hosts the business district and shopping and leisure facilities such as the Bullring and the Mailbox. The city also provides a main line train station with direct routes into London Euston.
This, coupled with Park Central’s own eight acres of landscaped Parkland, has created a thriving new residential community in Birmingham city centre.
Example of estimated return
| Monthly Rental Fee |
£550 |
| Annual Return |
£6,600 |
| Potential Gross Rental Yield |
6.6% |
The estimated rental yield has been calculated on the following basis: purchase plot 882, a 1 bedroom apartment at £99,950 with an expected average rental figure of £550pcm. Central Financial Services, Birmingham provide rental figures as a guide, you should always conduct your own market research before making a decision. Please note that these yields exclude any service charges or ground rent.