After the tremendous success of the TURPIN COURT site on Tolpits Lane in Watford, where we rented 50% of the site to rental investors, our Lettings Department has been eagerly awaiting another ‘new build’ development to get to grips with.
For those of you who missed out on Turpin Court site but are keen to increase your rental portfolio, it is worth knowing that we had the rental investments all ready to go with tenants lined up and contracts in place on completion day, giving the lucky investors yields in excess of 4.7% and some over 5%.
We are absolutely delighted to have now received sales instructions on a brand new site currently under construction on the Watford / Croxley Green borders called “CASSIO QUARTER”. This luxury development of houses and apartments is being built on the site of the old fire station, perfectly located within walking distance of the Watford Metropolitan Line station (with trains into London Finchley Road & Baker Street) only a stone’s throw from Cassiobury Park & the Grand Union Canal. Watford town centre, with it’s fabulous Harlequin shopping centre and many restaurants, bars & clubs is only a 15 minutes walk away.
This brand new development is due for completion December 2011.
Freehold two bed houses expexcted to be priced at £275,000
and likely to achieve £1100 pcm (4.8% yield).
Come and preview the site and development on the 25th June open day – book your place today with Reagan@sewellgardner.com or call 01923 721900 for rental advice or 01923 776400 for more sales details. These houses will make fantasic rental investments or would be great for the first time buyer and we are exceptionally confident of securing you a great tenant, referenced and ready to move in as soon as you complete, meaning NO VOID PERIOD.