Monday, 10 December 2007

IMPERIAL CHOICE FOR THE SHREWD INVESTOR

Making a choice on which property to buy to let is often a difficult one but it’s just got easier in Barnsley with the news that potential buyers are being invited to invest in a development with a regal address.

Imperial House, in the prime Birdwell area of the town, is attractive for investors as it is a superb spot for commuters, with great access to the road networks and rail links.

Not only that, Barnsley itself is a South Yorkshire community that is brimming with heritage and looking to the future with confidence, with ambitious plans to further enhance the cultural and economic side of an already thriving market town.

Imperial House, being brought to market by investment company Property Investment Portfolio, offers a superb opportunity to buy into this community and has already attracted substantial interest among the buy-to-let sector.

There are 18 luxury apartments in Imperial House, located just off Sheffield Road, with nine one-bedroomed Grosvenor dwellings and nine two-bedroomed Imperial style homes. Parking for residents only is available.

The whole development comes with quality as standard, UPVC double glazing throughout, carpeted shared areas, and a communal aerial and satellite TV.

Fitted to the highest specification, each kitchen is fitted with modern units, laminate work surfaces, a fridge-freezer, slimline dishwasher and washing machine.

All the stylish bathrooms feature white sanitary ware with chrome fittings and satin furniture. Smooth white ceilings and fully-tiled floors enhance the bathrooms.

For peace of mind, each apartment has mains-operated smoke detectors, secure locks on entrance doors and will-lit communal areas and entrances.

All these factors add up to a great investment opportunity, resulting in an independent rental report stating “the first thing that stood out to me was the quality of the build” and “the apartments themselves are also very spacious and the way in which they are laid out is superior to most of the apartments I have been in. The views are spectacular and the location is absolutely ideal”.

It is expected that the apartments could “comfortably” achieve rental levels of between £450 and £500 per month for the one bedroomed apartments and between £550 and £625 per month for the two-bedroomed apartments.

Starting at just £93,500, all apartments come with a 15 per cent discount and there’s a low entry cost of £5,000 to cover buying costs. Additionally, there’s £2,500 cashback, free service charge and ground-floor rent for 12 months, and a free furniture pack worth £2,500.

Arv Soar, managing director of Property Investment Portfolio commented: “This is a great opportunity, with fantastic investment bonuses, and interest has already been noted by a number of investors.”

For more details, contact Property Investment Portfolio on 0115 928 9333