Choices Investments have secured a limited number one bedroom apartments in Swindon Town Centre.
Although listed by the developer at up to £135,000, the properties have been valued by a RICS surveyor at £130,000 and we have negotiated the purchase prices down to £113,995 exclusively for Choices Investments clients.
The apartments benefit from new 250 year leases. Ground rent is charged at £300 per annum and service charges at £1.87/sqft per annum. There is no parking with the properties but due to their city centre location this is no impediment to rental demand.
The properties come with flooring throughout as well as oven, hob and extractor in the kitchen.
Most of the development has already sold at full market price. Choices Investments have secured an exclusive discount to help the developer close out the site.
Swindon is a large town in Wiltshire halfway between Reading to the East and Bristol to the West.
Property prices in the town have risen by an average of 7.1% over the last twelve months thanks in part to the opening of the newly electrified Western Mainline. Trains from Swindon to London Paddington now take 35 to 45 minutes and has been subject to national press coverage - Telegraph and Swindon Business market analysis. Swindon station is 0.4 miles from the development.
Close to the centre of Swindon is Kimmerfields, a 20 acre, £350million business development which is attracting a number of start ups and national companies. With further investment being spent improving the retail district, including a re-imagining of Havelock Square.