Since the launch of Bewley Homes’ latest development, Hillview Place in Newbury, local investors have seen the investment potential and are snapping up the luxury two bedroom apartments. Hillview Place is in fact now all reserved and has been an extremely successful development.
Neil Simpson, sales and marketing director for Bewley Homes comments, “Demand at Hillview Place has been extremely high with local owner occupiers and investors purchasing the majority of the apartments so far. The development is extremely attractive as a buy-to-let proposition because each apartment is expected to give a 5% rental yield, compared to the local average of around 3-4%. Recent changes to stamp duty has also made them an even more attractive investment for all discerning purchasers.
“Hillview Place is ideally located in the heart of the town centre, in West Street, just off the pedestrian high street.”
Hillview Place features 29 private, luxury apartments in a prime location in the heart of Newbury, set away from busy roads and housed in one striking four-storey building. Each apartment is finished to a high specification, with designer, fully integrated, chic kitchens and flexible open plan living. The bedrooms are generously proportioned and the majority of master bedrooms have the added bonus of an en-suite bathroom. Each apartment is also allocated off-street parking for added convenience.
Newbury will also become an even more attractive location for purchasers as the electrification of the Great Western railway line nears its completion in 2016, giving faster, more reliable and frequent trains for London and the South West. Currently Reading can be reached by train in 17 minutes and London Paddington in under an hour. Hillview Place is also ideally situated for access to M4 in less than 10 minutes and the A34 linking Winchester to the south and Oxford to the north.
For further information about Bewley Homes please visit www.bewleyhomes.co.uk