Houses for sale in Bury St Edmunds provide excellent return on investment
11 August 2011
Investing in property can be hit and miss in today’s climate, but at Persimmon Homes’ Sycamore Park development in Beck Row, Mildenhall, investments are returning a high yield and the rental market is buoyant.
“For investment buyers, Sycamore Park should be a number one choice. We’ve teamed up with Balmforth Estate Agents in Mildenhall to offer a one stop service from reservation on a property at the development to finding tenants and managing the tenancy if required,” states Jon Gibbs, sales director at Persimmon Homes Anglia.
He adds: “Plus, our location near to the US air bases means a steady stream of prospective tenants who are looking for exactly the type of properties we can offer.”
Sycamore Park presents a range of houses for sale in Bury St Edmunds which is ideally situated between two US air bases at Mildenhall and Lakenheath, representing an exceptional opportunity to provide a strong yield from great quality tenants.
Robert Lewis, a partner at Balmforth Estate Agents explains: “Modern properties close to both USAF bases are highly sought after by the 20,000 personnel and their dependents. They will normally give a yield of between 6.5 per cent and 8.5 per cent with exceptionally reliable tenants.
“The USAF rental market is very buoyant and fast moving with generally high levels of occupancy.”
Once purchasers have selected a property, Balmforth can provide legal services, mortgage advice and the complete range of rental services. Those unsure whether to invest can request a ‘Sycamore Park Rental Pack’ giving details of predicted rental yields for the various housetypes, together with an in depth guide to the specialist USAF rental market.