21st September 2007
Hot Property &ndash Those in search of a good investment
For those who want to keep abreast of upcoming developments, Imagine Homes has acquired a 25,632 sq ft off-plan development in Darlington. Called City Heights and due for completion in January 2008, it is located on Victoria Road, West End, and will offer a choice of designer two-bedroom apartments.
City Heights is sure to provide investors with excellent return on investment, as prices are showing healthy year-on-year growth, and demand for accommodation, from buyers and renters alike, continues to exceed supply.
Consistent with Imagine Homes’ worry-free offering, investors in City Heights will receive a unique rental return of 7.5 per cent of the purchase price per year for two years.
Grant Bovey, chief executive of Imagine Homes, says, ‘Darlington is an increasingly popular location for property investors and is experiencing considerable investment growth.’
A further Imagine Homes site, in Birmingham, will also offer a strong buy-to-let opportunity. The Exchange is a selection of stylish one, two and three bedroom new-build apartments in a highly sought-after location with Birmingham’s famous Jewellery Quarter. With a great selection of bars, restaurants and shops on the doorstep, the city centre hotspots are within easy reach. Birmingham New Street railway station is within walking distance and London is just an hour and a half away by train. The Exchange offers first rate road links to all parts of the UK including M5, M6, M40 and M42 and is a short distance to Birmingham International Airport.
Prices at The Exchange currently start at a very attractive £143,000. For further details and to register your interest telephone 0800 458 5050. For more information about any Imagine Homes development visit imaginehomes.co.uk.