Buy To Let
Meadow Park is a great opportunity for buy-to-let investors. We calculate that initial yields on your investment should be upwards of 5.5%. Flats in this postcode have increased in value by over 8% in the last 12 months (Zoopla 02/15 – 02/16). High initial yield and the prospect of capital growth make Meadow Park a very attractive prospect. Professionally designed interiors and a quality finish are expected to make the flats easy to sell with early off plan sales underway and some units already sold.
There should be no problem finding a tenant. The Cambridge ripple effect is being felt in St Ives. As Cambridge and the surrounding area continue to grow St Ives is becoming increasingly popular with those working in Cambridge looking for a more affordable housing option within reasonable commuting distance. These flats are on the right side of the town for quick access to the A14 and a short walk to the guided bus, with the benefit of being close to all the amenities of the town centre. This thriving market town is proving to be a popular choice.
We can help you arrange your buy-to-let mortgage, so the process of buying one of our stylish apartments is easy!
If you have money in the bank earning under 2% there is an opportunity to get up to 12% return for a 6 to 15 month loan. Locally, we have planning permission to convert further office buildings (including units 7 and 8 which are marked blue on the plan) at Meadow Park into residential flats. There are other buildings on or near the site that may be converted into residential and a future new build project nearby that’s not yet started.
The residential flats are almost brand new. They have a new roof, new doors and windows, new panels, completely new electrics and plumbing, vastly improved insulation and modern broadband connections.
The site, adjacent to the lakes, is ideal for residential, close to St Ives town centre with the fast guided bus route to Cambridge 250 metres away. Waitrose is 100 metres walk and the town centre 150 metres. Ample car parking, cycle racks and green amenity space makes these flats an ideal development opportunity.
We have other projects under development that would benefit from short term investment with high yields. These change all the time so if you want a better return at low risk on your cash, then talk to us now.
For more information contact Jeff Fenton on firstname.lastname@example.org