Buy to let a new build home near Preston
INVESTOR HIGHLIGHT – HOME OF THE MONTH
PROPERTY: The Stalmine, Plot 21, St Petersfields, near Preston
PRICE: WAS £420,000 NOW £399,950
This beautiful 4 bedroom, 3 bath home on Wheatfields Road, Inskip is in a sought-after countryside location, with views of open fields and easy access to the motorway networks. Perfect for families or professional couples, this home could yield 5.8% from a rental value of approximately £2,000 per month. This final property on the development has been priced to sell and includes luxury flooring throughout. Once you have purchased this beautiful property, you will be able to let it immediately to your discerning tenants.
A CHOICE OF DEVELOPMENTS ACROSS LANCASHIRE
The city of Preston is at the heart of the county 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. Create Homes' developments are all within easy commute of this popular city, which is currently undergoing a lot of investment and regeneration. And with the current trend of home-working, properties in our beautiful countryside settings are becoming even more attractive to renters and investors alike, who want a countryside home within a commutable distance.
ADVANTAGES OF BUY TO LET
- 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.
- EASY MAINTENANCE
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. 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.
- GOOD EPC RATINGS
Another advantage of new-build homes is their EPC rating. New properties tend to have notably higher EPC ratings 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 – a cost that new-builds can avoid.