Thornton at Penndrumm

Investors reap rental rewards in Looe

Leading housebuilder Barratt Homes has highlighted Looe as one of the region’s buy to let hotspots with investors benefitting from good yields and strong demand for homes.

Barratt Homes sales director Sara Parker said new homes at Penndrumm Fields in Looe are providing popular with investors looking to put their money into bricks and mortar.

“We are seeing demand from both new and experienced investors looking to capitalise on the  low interest rates currently available on buy-to-let mortgages,’’ she said.

“New homes have the advantage of everything being brand new, they portray the right image and features such as ensuite facilities open up the market to professionals sharing.”

Barratt Homes currently has a range of homes available at Penndrumm Fields which are ideal for investors, including the two bedroom Tiverton which is priced at £179,995.

“The south west is proving a popular area for buy-to-let investments as developments from Barratt are built in great locations close to local amenities,” said Sara.

“Investors also like the fact that we make the whole process easy and straightforward,’’ she said. “Our five star quality and two year warranty give us an extra boost and we expect this investment trend to continue.’’

For more information about Barratt Homes and investment opportunities, visit barratthomes.co.uk or call 0330 057 6000.