Property Investor Partnership is delighted to be offering 1 bed, build complete apartments in the centre of the up and coming Woking in the beautiful county of Surrey. We have managed to secure an exclusive discount of 10% with amazing predicted yields of up to 7.1%.
Prices start from £193,500 rising to £247,500 for a 1 bed apartment. This development is located in the centre of town, and it is just a very short distance from the train station, where there’s a fast commuter train to central London. According to local letting agents Martin and Co, Woking is a high rental demand area for professionals working in London and from international students who normally pay a years rent upfront.
Spectrum House is an exciting development comprising 41 one bedroom apartments in the centre of Woking. Each high specification apartment has been interior designed, featuring high-gloss contemporary kitchens with integrated appliances and smartphone controlled underfloor heating. Ground floor apartments also benefit from their own private entrance.
Great Reasons to Invest
- Build complete apartments;
- High specification apartments with flooring and white goods included in our discounted price;
- Rental yields of up to 7.1% predicted (accordingly to local agents Martin and Co);
- High rental demand area with tenants already secured at £1,250 per month;
- 10 year Warranty;
- Only an 8 minute walk to the Woking Station, where trains are 24 minutes to London Waterloo.
Woking is a thriving town with excellent amenities. The best of both worlds, it’s within easy reach of London yet surrounded by the rolling Surrey countryside. A new public space in the heart of the town – called ‘Jubilee Square’ – was created to mark the Queen’s 60 year reign and creates an impressive gateway to Woking’s main retail destination.
Woking is a large town where there’s always lots to do, including trendy bars and excellent shopping and dining opportunities. The many pieces of public art that enhance the town centre are also worthy of note.
In fact, the Victoria Square development in Woking town centre is on track for phased completion in 2020 and features a Marks & Spencer store, as well as a Hilton Hotel. The all new Victoria Square retail and residential development and hotel, which were first proposed in 2012, will play an integral role in Woking’s transformation.
A range of restaurants and a gym are on the doorstep of the development, for some of which the developer has negotiated discounts for the residents of Spectrum House. There are a number of supermarkets in close proximity, including a Morrisons, Tesco Express and a Sainsburys all within a 5 minute walk.
Goldsworth Park is also close by, with it’s picturesque lake, it's a popular attraction for visitors and locals alike. The park has a diverse calendar of events throughout the year, including the ever popular Party in the Park – it has a lot to discover and enjoy!
For commuters, the M25 (Junction 11) is just five miles away, Guildford is 6 miles out and the M3 (Junction 3) is seven miles away. Woking Train Station is only an eight minute walk from the development where trains can get you to London Waterloo in 24 minutes. Heathrow Airport is also on the doorstep, only 13 miles away.
Leasehold - 130 years
Service Charges - ranges between £800 - £1,300, plot dependent
Ground Rent - 0.1% of Purchase Price
These properties come with an oven, hob and extractor supplied as standard, plus flooring and integrated white goods. However, you will be required to supply the following items to prepare your property for the rental market.
- TV Aerial.
- Blinds/curtain tracks.
- Toilet roll holder & hand towel ring.
- Furniture Pack.
With the exception of a Furniture Pack, all items can be sourced, supplied and installed on your behalf by your letting agent, using local, reputable contractors, should this be a service you would like to take advantage of.
Please note; our current rental predictions for these properties include furniture. Should you require a good quality furniture pack, please speak with a member of the PIP team. We can assist in sourcing a quality Furniture Pack at a discounted price through a highly reputable Furniture Pack provider.
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