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Proving to be a very popular choice with a range of homebuyers, Viridium is attracting many buy-to-let investors. One local family have purchased their fourth buy to let property at Viridium…
Dean Meredith and his wife Carol have bought their fourth investment property; a stylish two-bedroom apartment at Viridium by Hodson Developments in Camberley. Since purchasing their first property nearly ten years ago, the couple still believe that investing in property is the best way to plan for their children’s future and are even considering their next buy to let.
Watching their properties increase in value over the years and receiving a decent monthly income from rent, Dean and Carol were confident that the way to secure a comfortable retirement and ensure a good start for their children was to again invest in bricks and mortar. They are currently generating a rental yield of over 5% at Viridium and would consider buying a second property there.
Dean comments: “Investing in property was a way for us to help give our children the best start to their adult life. We made our first investment at the height of the property market back in 2006 as we feared that they would never be able to afford to buy their own home. We quickly realised that property was a good way to invest, generating a great return and we now own four investment properties in total. The latest one, our apartment at Viridium has been the easiest purchase, buying a brand new apartment which has required no work and we even had tenants move in within a week.”
Proving to be an appealing choice for investors and potential tenants, the town centre apartments at Viridium are finished to a very high standard. The development is already attracting investors like Dean and Carol looking for a hassle-free investment with a good rental yield.
Dean continues: “We knew as soon as we saw Viridium that it was going to be a good investment. From our point of view as the property has been finished to a very high standard and is brand new, no maintenance needs to be done, meaning less upfront cost for us and tenants could move in straight away. We are looking at a rental yield of around 5% which we are more than happy with.”
Christie Alaimo, Sales Director at Hodson Developments says: “Given its high quality specification and popular town centre location, Viridium is proving to be attractive option with investors. For prospective tenants, the appeal is they get to live in a brand new apartment in a convenient location with secure gated parking and also being newly built, utility bills will be much lower too.”
For further details or to book an appointment at Viridium, call the onsite sales team on 01276 66693.
Find out more information about Buy to Let here.