Why you should consider the Firepool development for your next buy-to-let
The Firepool development offers a unique opportunity for buy to let investors - especially someone looking for a purchase they can rent quickly with ease and that should cause them few headaches with maintenance.
How does the Firepool development stack up as a buy-to-let investment?
The Firepool development offers a unique opportunity for buy to let investors - especially someone looking for a purchase they can rent quickly with ease and that should cause them few headaches with maintenance.
Excellent location
The Firepool development is situated in an excellent location, just a short walk from the town centre and the train station. This makes it an ideal location for young professionals and commuters who want easy access to transport links and local amenities.
High rental demand
Taunton has a high demand for rental properties, especially for modern and stylish apartments that offer all the latest amenities. The Firepool development is a popular choice among working professionals as it is conveniently close to the train station while also being within walking distance to town.
Competitive rental yields
Investing in Firepool development is expected to offer competitive rental yields, making it a potentially lucrative investment opportunity. The high demand for rental properties in Taunton, combined with the development's excellent location and modern amenities, makes it a compelling option for investors looking to maximise their returns. The average 2-bedroom apartment in the development currently selling between £170,000 - £180,000 with an average rent of £1000 ppm providing an average return of 6.8%.
Modern and stylish apartments
The Firepool development is designed to offer modern and stylish living spaces, with apartments ranging from one to three bedrooms. These apartments have been finished to a high standard, with the latest amenities such as large double-glazed windows with Juliet balconies and integrated appliances.
If there are any specific areas or particular properties where you would like to know what rental you could likely achieve or the type of tenants you would attract, get in touch and I’d love to advise.