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A new show apartment has been opened at The Mallards, Linden Homes’ development in Totton. This is really a last chance to get a feel of what it would be like to live in one of these homes, conveniently close to Totton town centre, but overlooking the Lower Test nature reserve.
There are now just five apartments and one house available, and these homes could offer an excellent opportunity for buy-to-let investment.
At the end of the summer, the Council of Mortgage Lenders reported that buy-to-let lending increased by 5% in the second quarter of 2012 – and it says that this area of the market it is continuing to show signs of recovery.
Other reports show that the number of loans to purchase rental properties is up year on year by 17%. And they have revealed that, while some people invest in property for a living, there is growing evidence that more and more people are choosing to invest in just one or two properties as a pension.
Mark Docherty, the sales and marketing director of Linden Homes says The Mallards offers a great prospect for potential property investors:
“If you bought a one bedroom apartment at The Mallards with a view to letting, that £131,000 property would provide an estimated 6% yield. And it is well known that a good buy-to-let property is one that is close to shops, banks and other amenities – and has good transport links for commuters: The Mallards ticks all these boxes. It is within walking distance of the town centre with its supermarkets, shops, and leisure centre. The town has excellent transport links to Southampton and London and is located between Southampton Water and the New Forest National Park; further appealing to those who love the great outdoors.”
To find out more about final remaining properties available at The Mallards in Totton, or to view the new show apartment, please visit our marketing suite which is open daily, or call 023 80 669038.
-ENDS-
For further information, contact Claire McCowan or Tracy Mannion at Remarkable Public Relations on 01962 893 893 or Claire.mccowan@remarkablegroup.co.uk
References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith, Vistry Ventures or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.
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