Smart investments to be enjoyed at Brindley Rise
15th January 2014
Investors and househunters in Rugeley and the surrounding areas are being advised to pay a visit to the new apartments at Walton Homes’ Brindley Rise development, where rental yields have reached up to six per cent.
Launched just last month, the Wolseley House apartment scheme represents the latest phase at Brindley Rise, comprising 37 studio, one and two bedroom contemporary duplex apartments, and is ideally located just a stone’s throw away from Rugeley rail station.
Walton Homes has reported an increase in interest at the development following the launch of the apartment scheme just six weeks ago, with investors and professionals attracted to the high rental yields on offer. With rental values continuing to rise across the UK, investors can expect to generate a monthly rental income of up to £525 based on a two bedroom contemporary duplex apartment at Brindley Rise, costing £104,950.
Helen Rollason, sales manager at Brindley Rise said: “The apartments at Brindley Rise offer the perfect investment opportunity for both experienced investors or for first time buyers who want to develop a nest-egg for the future by investing in property.
“With interest rates still at rock bottom on ISAs and other savings accounts, investing in property is a great way to grow your savings, both through the rental income to be achieved on the apartment, and eventually when the property is sold on, as house prices are expected to rise by almost 15 per cent by 2018.”
Offering the very best in contemporary living, the new apartments will all offer high-quality fixtures and fittings, including stylish kitchens and contemporary bathrooms with Porcelanosa sanitary-ware and tiling. Additionally, all of the apartments will benefit from allocated parking, along with attractive landscaped surroundings.
Helen added: “We’ve already received a high level of interest in the apartments from both investors looking to capitalise on the development’s fantastic location on a commuter line, and first time buyers who want to make that first step in creating a home for themselves but have previously struggled to save the large deposits required. With the Government’s Help to Buy scheme now available at Brindley Rise*, people can create their dream home in a brand new apartment with a deposit of just five per cent, whilst feeling safe in the knowledge that the value of their property is growing year on year.”
Offering homeowners the best of both worlds, Brindley Rise is ideally located less than five minutes’ walk from Rugeley town centre, whilst enjoying close proximity to Cannock Chase, an area of outstanding natural beauty. The development boasts easy access to the motorway network via the A460 from Cannock, and the A51 to Stone, and is located just a stone’s throw away from Rugeley Trent Valley rail station, which operates regular services to Birmingham New Street station in under an hour.
For more information about the new apartments, people are directed to visit the Brindley Rise marketing suite located on Wharf Road, Rugeley WS15 1DW, which is open to visitors from 11am to 5pm, Thursday to Monday (inclusive of the weekend). Alternatively, people can call 01889 577 562 or visit www.waltonhomes.co.uk.
*The Government’s equity loan scheme, Help to Buy, cannot be applied to any home which has been purchased an investment property. Any homes purchased under the scheme must be occupied by the purchaser as their primary place of residence.