In The Press… Telegraph Money

With Bristol continuing to attract lots of property buyers, Charlotte Strang was asked to provide comment by the Daily Telegraph. Talking about buy to let investors in particular (although we also help home buyers too), Charlotte said:

“Bristol has, and continues to be, highly attractive to Buy to let investors, particularly those looking for flats in new build developments throughout the city. This is mostly fuelled by the attractive returns available combined with consistent demand, not only from professionals working in the City but from students at the University of Bristol and the University of the West of England (UWE).  New build developments within the City Centre such as as Finzels Reach, The Horizon and Everard’s Printworks where initial yields in excess of 5% can be achieved, have been an obvious draw for the BTL investor.  The Harbourside area has become one of Bristol’s most desirable locations for Buy to let investors and owner occupiers alike. Mc Arthur’s Yard is the latest development to be constructed on one of the last remaining key sites along the Harbour and comprises 142, 1, 2 and 3 bed lateral and duplex apartments, with prices ranging from just over £300k to £695k. 

Investors are also drawn to flats in developments such as Factory Number 1 in Bedminster, and they are looking for opportunities within the Temple Quarter area, surrounding Temple Meads Station – an area of approximately 130 hectares, considered to be one of the UK’s largest urban regeneration projects.  Investors are also exploring new residential neighbourhoods slightly further outside the City such as the Brabazon development in Filton, a large regeneration area on the former airfield, which will benefit from a new railway station linking Filton with Temple Meads Station, in under fifteen minutes.  Asking prices at the Dials, Brabazon start at just over £200k for a 1 bed flat and range in price to just over £350k for a 2 bed flat.”

Read the full article here (paywall)

Leave a Reply

Your email address will not be published. Required fields are marked *