New investment properties…

By Jonathan Bailey

Recently added to the sales market these properties make the ideal investment for your cash. Finding investment opportunities is all about the potential return for your initial outlay and the below offer a great yield level.

Property 1 - Gresley Drive, Braintree (£225,000 - Mackay Property)

Located within a short walk from Braintree station this modern, three bedroom terrace house offers sitting room, kitchen/diner and cloakroom on the ground floor and master bedroom with en suite, two further bedrooms and bathroom to the first floor. With parking and a good size garden this house is ideal for families and especially for those with London commuters. With a purchase price in the region of £225,000 and a rent achievable figure of roughly £1000pcm this property offers a potential yield of well in excess of 5%.

Property 2 – Peter Taylor Avenue, Bocking (£175,000 – Taylor Milburn)

Located on the popular new development in Bocking, Braintree this modern, two bedroom apartment offers large living/dining room, separate kitchen, two bedrooms and bathroom. The property also has allocated parking and a gated communal garden. The area is highly sought after with it offering the best of both worlds with lovely country walks and easy access into Braintree town centre. With a purchase price of roughly £175,000 and a rental figure of in the region of £775 again this apartment offers a yield over 5%.

Property 3 – Kensington Road, Colchester (£320,000 – Knight West)

This brand new, four bedroom town house located within a short walk of Colchester’s bustling town centre is the perfect family home. Its stunning, modern feel throughout makes this house a beautiful place to live. Set over three floors the house comprises ground floor kitchen, living space and cloakroom, first floor two bedrooms and family bathroom and second floor master bedroom with en suite and fourth bedroom. With the sale price of £320,000 and a rent achievable figure of in the region of £1400pcm this property offers in excess of 5% gross yield.

With financial experts also forecasting the property market to increase by roughly 2% nationally over the next 12 months there is no better investment than property.

For further information regarding the sales and lettings markets call and speak to our property experts today.