Rental yields of over 7% and great potential for a rise in East London property values over the next few years means that there are now just a handful of studios and one and two-bedroom flats for sale at Invito.
A stylish new studio home in Gants Hill, for example, priced at just £110,000 can command around £750 a month in rent, delivering a 8.10% yield on this East London property investment.
One-bedroom flats at Invito, priced from £160,000, can be rented out for around £950 and produce a yield of around 7%.
Michael O’Leary, Regional Sales and Marketing Director for George Wimpey, says: “Invito offers fantastic value for money for anyone seeking flats in Gants Hill, and when you take into account the good rental yield they can achieve, they can give a much better return than money in the bank.
“New landlords at Invito have rented out their investment properties within a day or two of completing, demonstrating that great-looking homes close to Gants Hill Tube station are in high demand.
“But with only a few properties remaining, they won’t be available for long – so investors will have to act quickly if they want to avoid missing out!”
George Wimpey’s one-bedroom Invito flats for sale in Gants Hill are ideal for young professionals or couples, with each home featuring a generous open-plan fitted kitchen with living/dining area, a good-sized bedroom and a separate bathroom. Many plots also benefit from attractive private balconies.
Invito in Gants Hill lies in the borough of Redbridge, two miles north of Ilford, about 12 miles from Central London and only four miles from Docklands.
The apartments for sale are also excellently located for many road and rail links. Just a short walk from Gants Hill tube station, Central London is only 22 minutes away on the Central line, while by car, the A12, M25 and M11 are all within easy reach. London City Airport is just 12 miles from Invito and Stansted Airport is about 27 miles away.
Gants Hill has a choice of cafes, restaurants and shops, while nearby Ilford has a large selection of high street stores and an excellent shopping centre and a multi-screen cinema. Fairlop Waters in nearby Barkingside is an ideal place for a round of golf, wind-surfing, angling, powerboat sailing or horse-riding.
To find out more about investment flats in Gants Hill, Invito Sales Centre is located off Bramley Crescent, Gants Hill, and open Thursday to Monday from 10am to 5.30pm. The Sales Executive can also be telephoned on 0845 026 4081.
Further information on new homes in Gants Hill, houses for sale in Essex and property investments in East London is available by calling 0845 672 7794 or by visiting the website at www.georgewimpey.co.uk.