Location: Hayle Harbour, Cornwall
Price: From £298,000
Discount: Available on Request
We have a selection of 2 and 3 bedroom units to sell to our investor clients, the majority of which have sea views and a car lift for secure storage. This is certainly going to be a premium development and will be finished to a very high standard.
The harbour redevelopment is part of a once in a generation scheme for the area and will see 140 new apartments being built, as well as a gym, cinema, restaurants, gin distillery, water sports, boutique hotel, new fisherman’s quarters and, event space also added. This will have a huge impact on the local economy and will certainly help put Hayle on the map alongside it’s more popular neighbour St Ives.
Of the 140 apartments being built, only a handful will be marketed to BTL investors with the emphasis that the apartments are used as short term lets to benefit from the lucrative and highly desirable Cornish tourism industry.
We have taken the steps source experienced SA operators with many years experience in this sector that you can work with. They will handle the management of your unit and they have also drawn up projections which include a breakdown of all costings involved. Predicted net returns on investment will vary between 10% – 20% per unit for mortgage buyers.
As previously mentioned, these units will be going to market in Q2 at prices 10% -15% higher than the price we can currently advertise to our clients.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.