*We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies.
More info
Persimmon Homes

Persimmon provides a secure future

27 October 2011

Creating a nest egg for the future is not easy in today’s climate but for Nick and Anne Redman, the answer lay at Persimmon Homes’ Okemont Grove development in Okehampton.

Nick, an area construction manager for Persimmon Homes, explains: “When I was in my 20s I was sold a ‘marvelous pension’ as so many people were. I’m 50 now and it’s not making anywhere near what I was told it would be worth. My wife and I decided to look at alternatives and chose to invest in property.

“I knew Okemont Grove and was impressed with its location which is close to Exeter but the house prices are less expensive than in the city. The letting return on property is good compared with the purchase price.”

The couple chose a three bedroom Woodford housetype which would yield a greater rental return than a smaller home. The plot they selected overlooks the public open space on the development with lovely views to the rear and it was this excellent location which made them keen to secure the deal.

Nick knew that Persimmon Homes promises a smooth completion but says he wanted to test out the buying process for himself. In fact it took just three weeks to get the keys to his first investment property and three days later he’d already found tenants through a local letting agent.

“Our tenants moved in exactly a month after we bought the property and it’s been a very straightforward experience from start to finish,” he says. We’re very happy with our investment and our tenants are happy because they’d been looking to buy at Okemont Grove but wanted to try out living in the area first.”

Okemont Grove offers superb investment opportunities, being just 25 miles from Exeter and offering easy commuting along the main A30 dual carriageway. It is also only a short walk to Okehampton with plenty of amenities on hand.

For Nick and Anne, their purchase at Okemont Grove is just the start. “We plan to buy more properties with the funds which will become available to us over the next ten years,” Nick says. He adds: “It’s a much better bet than my current pension.”

To find out more about all the properties available, please visit the marketing suite at Okemont Grove or call 08444 900307. The marketing suite is open Thursday - Monday 10.30-5pm

Finishing Touches

Create a look that's as individual as you are. Add the finishing touches to your Persimmon home.

Supporting your communities

Our Community Champions programme was established in 2015 and has already donated more than £3 million to over 3,500 good causes across Great Britain. Every month whilst the programme is running, our 32 regional businesses together give away 64 donations of up to £1,000 each. It's easy to apply for your local good cause.

Annotation 2020 09 03 113957

Persimmon Homes is delighted to be joining forces with Team GB: the Great Britain and Northern Ireland Olympic Team run by the British Olympic Association, to give away an amazing £1 million to support children across England, Wales and Scotland.

Annotation 2020 09 03 114032

Our hugely successful Community Champions programme has already donated more than £1 million to good causes in England, Wales and Scotland. Every month we give away 60 donations of up to £1,000 each to local groups and charities.

Showcase your style

Why not share your own photos on Instagram using #lovemypersimmonhome for a chance to win a £100 Next voucher. Visit our Facebook page for terms and conditions.

#lovemypersimmonhome