Fresh Invest is delighted to offer an opportunity to invest in an exclusive development located in the heart of Bristol City Centre.
An elegant example of a refined and beautifully finished residence on the corner of the historic Brunswick Square comprising of 37 apartments. The residential development boasts open plan living quarters, contemporary fitted kitchens and a choice of One-bedroom and Two-Bedroom apartments with well designed bathrooms.
This exclusive development has been carefully renovated to provide desirable new build apartments with open living space, clever storage, luxurious finishes and integrated kitchen appliances demanded by contemporary living – with every emphasis on functionality and sophisticated style.
This development includes the benefit of underground car parking spaces for several applicable apartments, in a secure gated car park to the rear of the building.
This development lies in a busy mixed use area of the city centre, ideally located on Surrey Street between Brunswick Square and Portland Square. The building is within a five minute walk of Cabot Circus and Broadmead shopping areas, providing a wide range of shopping and leisure facilities in addition to a number of hotels.
Residents will benefit from its superb city centre location, with gyms fashionable bars, quaint cafes and restaurants all on its doorstep. A fantastic opportunity for investors and home seekers alike. The desirable location and deluxe choice of apartments coupled with cosmopolitan lifestyle options available in close proximity; all combine to create one of the most exciting places to live in Bristol.
“Bristol is one of the highest performing property markets in the uk, with a track record of providing great returns for investors”
Bristol’s economy performed strongly in 2016, recording a 2.4 per cent increase in economic growth compared to the same point last year and moving into tenth place in a league table for city growth. As a result, Bristol’s economy is now worth £13.6 billion and its pace of growth moved it above some of the country’s biggest cities including London, Birmingham and Leeds.
As the city continues to grow and attract investment, Bristol is expected to outperform the surrounding South West area as well as the UK in terms of economic growth by 2020.
THE FINANCIALS – (Mortgage*):
2 Bed Apartment – £259,950
Net Income PA – £13,067
75% – Loan to Value Rate
1.99% – Interest Rate
£64,987 – Deposit
£194,962 – Mortgage
£3,899 – Mortgage Cost Pa (£324 pcm)
£9,168 – Net Rental Return (£764 PCM)
14.1% – Return on Capital invested.
*Any mortgage rates given are only an indication and cannot be relied on to be representative of current products available. For more details please consult your mortgage broker or we can put you in touch with one.