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Persimmon Homes

Anglian site has investor appeal

04 September 2020

A new build homes site in East Anglia has seen increased interest from investors since the Covid-19 lockdown was eased.

The Kett’s Meadow development in Hethersett have always been popular with local families and first-time buyers but, according to sales director Michelle Baker, more current enquiries are coming in from people looking to invest in rental properties.

“Hethersett has always appealed to people who like a friendly local community,” said Michelle. “And its convenient commuter links into Norwich make it great for anyone working in the city or travelling further afield.

“Since the coronavirus lockdown eased, the investor market has really picked up and we are now receiving more enquiries for this development with reports of good rental yields.

“We currently have a variety of three and four bedroom houses for sale at Kett’s Meadow, with additional two and five bedroom homes planned for release on our third phase. This makes the development very attractive for a wide range of residents, whether that is owner-occupiers or landlords looking to broaden their portfolio.”

Properties at Kett’s Meadow start at £219,000 for a three storey, three bedroom semi-detached house with a fully open-plan living/dining/kitchen on the ground floor, leading out to the rear garden.

Michelle added: “Private buyers at Kett’s Meadow can access the Government’s Help to Buy scheme, meaning they only need a five per cent deposit to secure their home. Anyone interested in purchasing here can book an appointment with our experienced sales advisors to discuss the options available to them by calling 01603 513 717.”

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