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The Whytes, Swindon
| Market price: | £161,750 |
| Discount: | 15% |
| Purchase Price: | £137,488 |
| Immediate Equity: | £24,263 |
| Rental Coverage: | 121% |
We were delighted to bring The Whytes to our clients with a 15% discount, giving £24,263 of immediate equity and good rental coverage of 121%. With the development only a few minutes walk from the town centre The Whytes was ideally placed to the many facilities the large town of Swindon has to offer.
Swindon is located in the South West of England, in the county of Wiltshire. It is situated on the M4 corridor between Bristol and London and is easily accessible from either junctions 15 or 16 of the M4 motorway or by rail. There are frequent services to and from Reading, Bristol and South Wales. Oxford, Cheltenham and Gloucester can also be reached from Swindon train station.
The major factor leading us to offer this development to our investors was that Swindon’s town centre will be undergoing a significant transformation in the coming years. Seven major regeneration project areas were announced in 2004 and these are targeted at delivering £1billion investment and 10,000 new jobs to the area.
The Whytes demonstrates our clients our policy to bring excellent off-plan investment properties with genuine discounts, good rental coverage and future capital growth.