UK Property Investments Since 2006
Contact us: +44 (0)20 3603 8903

Torquay Holiday Home investments – 91% Occupancy since 1998

Ever wanted to invest in holiday homes, but not abroad?

torquay-holiday-home-investment

Investing in the Cornish coast

UPDATE (18.02.2012): We are currently not taking any reservations on these units due to a discrepancy on the company accounts. We will update interested parties once we have completed an overview of the required due diligence. Apologies for any inconvenience caused.

We now have some superb opportunities on the South Coast, with rental yields of up 13.4%. In addition, the property business has been in operation since 1998 and we’re happy to have secured approximately 20 units of which we can obtain commercial finance on a 70% LTV basis, but it is dependent on the number of units purchased. Please review the rest of this entry for further details. In brief, these apartments or units are one or two bed and are:

  • Fully Managed
  • Gross Yields of 16%
  • 15% Management Costs
  • Net Yields of 13.4%
  • Excellent Location
From £63,000 to £98,500 for a holiday home…

Our studios start from £63,000 with 1 bed apartments at £73,000 and 2 bed apartments at £98,500. Our clients who know the South West will realise the good value that is being offered here with 1 bed and 2 bed apartments closer to the vicinity of £120,000 and £140,000 on average on the Torquay shoreline.

Holiday homes are more profitable than buy-to-let!

Holiday home investors have been keeping themselves off the radar for a good reason: Holiday home investments in the UK offer excellent yields and with the right systems in place, are easier to manage than regular buy-to-let properties.

Austerity and less disposable income = UK holidays

Forget Florida and Spain. Everyone in the UK will be tightening their belts for a long time to come and this can only mean good things for the great British summer – more people will be looking to holiday on Britain’s shores which will be good for the economy as a whole and will ensure higher occupancy rates for British holiday homes.

16.0% gross yields and 13.4% net yields since 2008

The average net rental yields over the last 3 years has been 13.4% spread across the entire portfolio of 20 apartments with the larger units offering slightly higher yields. Torquay, the English Riviera, is a renowned all year round holiday destination offering excellent rental returns.

70% LTV commercial lending available

The associated bank with this sale has agreed to offer 70% LTV lending on these holiday home investments on the basis that a minimum of four units are purchased per buyer i.e. minimum lending criteria on a commerical basis – thus allowing for leverage and increasing ROI.

If you are interested to read more about this particular development and to understand why we are fast becoming the most reputable asset and investment brokers in the United Kingdom, then please go to www.astoneaves.com. To register your interest and to receive the full brochure in relation to this investment, please register your details by clicking here.

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+44 (0) 20 3603 8903
http://www.astoneaves.com
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