A LEADING regional builder believes a popular development near Bridgwater could provide investors with the perfect site to build up their property portfolio.
Charles Church Severn Valley is building a wide range of superb homes at Monks Rest, in North Petherton, creating a delightful new village setting.
The range of properties starts with attractive one and two-bedroom apartments, with two or three-bedroom terraced or semi-detached homes leading up to spacious four-bedroom detached homes.
However, it is the value for money that this development offers which leads the builder to believe it is an ideal spot for those wanting to invest in property.
Nicola Reed, sales and marketing director for Charles Church Severn Valley, said she believed this part of Somerset still represented great value for money for housebuyers.
She said: “You can buy a spacious three-bedroom semi-detached home here from just £159,000, which is not only ideal for a growing family but for investors or anyone wanting a holiday home.
“Monks Rest offers excellent value for buyers but, at the same time, the rental market in this area is very strong. Investors could be looking at a great return for their money.
“There is also real potential for capital growth, especially as an influx of workers is expected for Hinkley Point, which will push up demand for housing and is likely to lead to an increase in both the monthly rental rates and property values.”
However, it is not just investors who will enjoy buying a property at Monks Rest, in Romney Road, as the development offers something for everyone from first-time buyers to couples, growing families and downsizers looking to release capital.
Nicola added: “There really is a home to suit everyone at Monks Rest and, with a wide range of local amenities, this is a truly delightful setting with a real sense of community.
“Monks Rest offers the best of both worlds being so close to stunning scenery, with the Quantock Hills and Somerset levels nearby, whilst it is just minutes away from the M5 making it an ideal location for commuters.”
For more information about Monks Rest visit the website at www.charleschurch.com or telephone the marketing suite on 01278-284696.