Shrewd investors would do well to check out Bellway's Carlton
Mews development on Rockingham Road, Corby, where the house builder
is selling a range of two and three bedroom apartments starting in
price from, £83,495.
The development has excellent investment potential; Carlton Mews
is situated close to the town centre where new local shopping and
entertainment facilities are offered along with bars, restaurants
and a number of other shops catering for day to day needs. Close by
there is also a sports complex offering an Olympic sized swimming
pool, gym, athletics facilities as well as an indoor and outdoor
tennis centre.
In terms of transport there is a fast and frequent train service
into St Pancras International with a journey time of 1 hour and 10
minutes. The A14 which links through to the M1 and A1 is just
6 miles distant and the county town of Northampton is less than 20
miles away.
The apartments are highly specified to match investor needs and
include, luxury fitted kitchens with integrated fridge freezer,
washing machine, dishwasher and quartz worktops. As part of
Bellway's investor incentive, all rooms include fitted carpets,
blinds and curtains; in addition to a complete professionally
fitted furniture package, so the apartments are ready to rent from
day one.
Bellway estimate returns of between 7.2% - 7.9% which based upon
an apartment costing £83,495 will result in an income of
between £500 - £550 per month, in addition Bellway will
contribute £1,000 towards legal fees and £500 towards
survey fees.