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ADDED 30/06/09

Property investors invited to set up BASE


For those looking to find out more about property investment in the current financial climate, Crest Nicholson is holding an information day for investors on the 11 July at its BASE development in Brentwood.

It follows the Council of Mortgage Lenders (CML) recent announcement that now is an opportune time for investors to start building up their property portfolios and capitalise on the better rental yields.

Plus, it is investor interest that is likely to feature early in the recovery of the housing market in the UK.
Annette Cole, sales and marketing director at Crest Nicholson Eastern, said: “BASE is an ideal opportunity for someone looking to tick all the boxes in an investment property.

“It provides stylish apartments in an attractive location, as well as being close to the train station with easy access into London, which is a huge attraction for potential tenants.”

BASE comprises 350 new properties, made up of one and two bedroom apartments as well as three bedroom town houses. The properties come complete with fully fitted kitchens featuring a comprehensive range of modern integrated Bosch appliances including a fridge/freezer and washer dryer; reducing the upfront costs for any investor.

BASE is situated in Brentwood, Essex, which has become a popular choice for London commuters. It is less than 500 metres from the Brentwood train station with regular services running into London Liverpool Street in just 38 minutes.

The development is also a short walk from the retail and leisure facilities in Brentwood.

Cole continued: “Those interested in finding out more about the opportunity to invest at BASE should make an appointment to visit the development this weekend.

They will be able to speak confidentially to an independent financial advisor, discuss mortgage options and take the opportunity to look around the stylish properties.

“With property prices showing positive signs of a recovery, investors might find that they can get a good deal by acting now.”

Prices at BASE start from £179,000 for a one bedroom apartment.

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