Thinking of investing in property? Think about buying new.

August 2017

Many investors opt for an older terraced house in need or some (or lots) of TLC. If you get your figures right this can be a smart choice. However, renovation costs can quickly run away with you and unforeseen maintenance issues can eat into your profit.

Thinking of investing in property?  Think about buying new.

Many investors opt for an older terraced house in need or some (or lots) of TLC. If you get your figures right this can be a smart choice. However, renovation costs can quickly run away with you and unforeseen maintenance issues can eat into your profit. If you are first-time investor or looking for a no fuss new investment, a new build buy-to-let could suit you.

Symonds & Sampson have teamed with prestigious builders Wyatt Homes to host an investors evening on the 24th August at Wyatts Marketing Suite in Brimsmore, Yeovil from 5-7pm. They will be joined by a financial adviser and mortgage expert who will be on hand to discuss any buy-to-let investment queries and discuss the benefits of new builds.  

‘There are numerous reasons why a new build makes a perfect investment’ comments Head of Lettings Rachael James. ‘Firstly, what you see is what you get. There will be no hidden building costs or need for renovation and it will beautifully presented and tenant ready from the moment you complete. It will have been designed for modern living and the site will have been chosen carefully in a desirable area so you can command a premium rent to a steady stream of tenants. New builds also come with some guarantees including a 10 year warranty meaning your maintenance costs should be minimal ensuring you have more in goings than outgoings for many years.’

There are many more positives to buying a new build as an investment and to find out more please come to our investment evening and enjoy some drinks and canapes.

For further information please contact Rachael James.

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