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Slough Regeneration Project makes buy to let good senseHURRY - 70% SOLD! Buy to let in promising areas remains an excellent investment and can make good financial sense in locations undergoing major regeneration.
Slough - a promising area for investmentThe chief factor to consider for good investment locations is; do people want to live there? The main reasons determining such a choice are employment, education, transport links, and cultural and social life. Slough scores highly on all these fronts and over the next 5 to 10 years is set to become a major hub for the creative media information and communications industries. The £17.25m investment in the Heart of Slough Redevelopment Initiative will build on an already buoyant local economy. Slough Borough Council estimate that the regeneration project will lead to the creation of a further 5,000 to 8,000 jobs and re-engineered transport links will make it possible for 0.5m people to gain access to the city centre.
Professional tenantsLetting potential in Slough is already good with professional IT contractors relocating to the area to work for one of the major companies based in or near the town. Slough is the head office base for companies such as Mars, ICI, Cellnet and Sara Lee. These tenants are looking for 1 and 2 bed apartments close to their place of work and within easy reach of town centre amenities. Many of the major employers run free shuttle services from the train station. Good sense investment for LandlordsWhen making the calculation on the profitability of a property investment, maintenance and upkeep are important considerations. The quality of the finish and decoration will sway a potential tenant to choose one property over another. Durkan Estates new build developments keep maintenance costs to a minimum and are finished to the highest specification.
Mosaic Apartments - a sound investmentDurkan Estates Mosaic Apartments is an excellent choice as a buy to let investment. A range of 1 and 2 bed apartments are available in this centrally located development on High Street, Slough, just a short walk from the town centre, the bus garage and station. To find out more and receive further information please register your interest. |