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26th October 2024

Buy to let a new build home near Preston

If you are looking for a hassle-free investment opportunity, then buying a new build home is a fantastic option. Create Homes offer quality homes for long-term investors to add to their property portfolio across all our prestigious developments in Lancashire.

FIND YOUR BUY TO LET PROPERTY FROM A CHOICE OF QUALITY CREATE HOMES DEVELOPMENTS ACROSS LANCASHIRE

Create Homes' developments are all within easy commute of the popular city of Preston, a city which is currently undergoing a lot of investment and regeneration. Preston is at the heart of the county of Lancashire, and has been voted a better place to live and work above its neighbours Manchester and Liverpool, so it’s easy to see why it should be on every property investor’s radar.

With the current trend of home-working, Create Homes developments in beautiful countryside settings around Lancashire are becoming even more attractive to renters and investors alike, wanting a quality, energy-efficient countryside home within a commutable distance of Preston and the M6, M55, M61 and M65 networks.

Here's why thousands of landlords are choosing to invest in brand new homes:

  1. EASY TO RENT: New build properties are incredibly popular with prospective tenants, so landlords are able to charge premium rents. It’s likely your brand-new BLT designer home from Create Homes will be snapped up quickly, reducing periods where your property is unoccupied and not bringing in any rental income. 
  1. HASSLE FREE: Not only is new property a good long-term investment, the low maintenance expenses that a new home offers long-term are a significant advantage when choosing a new build property over a traditional older Buy To Let home. The implementation of a modern energy-efficient specification and quality fixtures & fittings in your new Create BTL home minimises the likelihood of repair issues, giving landlords the benefit of reduced expenses, avoiding wasting valuable time looking after their investment.
  2. CHAIN FREE: When purchasing your investment from Create Homes, there is no seller chain because you’re buying directly from a house builder. You’ll be able to view different styles of properties on the same development and choose a rental property with the number of bedrooms and layout for your target market. Plus, your reservation fee protects your offer from being gazumped. This means you could be moving tenants into your rental property much sooner - and receiving their rent sooner than being in a chain.
  3. PERSONALISATION: If you buy early enough in the build process, it’s possible to personalise your property with a choice of kitchen & bathroom finishes and other upgrades to help you get the best ROI possible and attract your best type of tenant. Plus, your choice of flooring can be installed by us, so your property is ready to rent from day one.

 

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+ You can also make an initial enquiry using the contact form at the bottom of this page.


MORE REASONS WHY A BRAND NEW CREATE HOME IS A GREAT OPTION FOR LANDLORDS

  1. QUALITY FIXTURES & FITTINGS: All Create Homes properties have top-quality kitchens and high-end fixtures & fittings installed as standard, as well as immaculate decor throughout. The wiring, plumbing, heating system, broadband and alarms of our new-build properties are all newly fabricated and up to the latest standards, so you are able to rent to discerning tenants who will fully appreciate the quality of the home they are renting from day one.
  2. PEACE OF MIND: Maintenance is another area where new-builds hold an advantage compared to the second hand market, as they can save you a lot on maintenance expenses and repair time to your rental home. There will be no initial works required when you purchase the property and all homes come with a 10-year builder’s warranty for full peace of mind. You can relax, knowing your tenant can enjoy their brand new home, with no issues to deal with.
  3. ENERGY-EFFICIENT HOMES: The fact that all Create Homes are built with energy-efficiency built in, will make renting your home a very attractive proposition for tenants. With benefits such as electric car charging provision, Hive-controlled, quality heating systems, low energy LED lighting, increased cavity wall insulation, quality argon-filled glazing, and some 'A' rated kitchen appliances, your tenant's bills could reduce by an average of £135* a month, compared to an older home. This high specification makes renting a brand new home a very attractive choice. Depending on the development you choose, some properties also have PV panels, which could save your tenant even more on their energy bills by converting solar energy.
  4. GOOD EPC RATINGS: All new Create Homes properties have EPC ratings of B or above, which is in the top 4% of EPCs in the country*, and much better than most than older properties. It is likely that landlords will face increasing pressure to ensure properties meet minimum EPC ratings over the next decade. As this is already in place in a new build home, investors will not have to do any work to bring them up to the necessary standard. Such work can rack up costs in the thousands, which is a cost that our new build homes can avoid. 

CONTACT US FOR MORE INFORMATION

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* As mentioned in the 'WATT A SAVE' Home Builders Federation Energy Report (June 23)


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