SmartNewHomes

As soon as the former Mr Leicester became a homeowner, he recognised the long term benefits of investing in bricks and mortar.

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  • After moving into their brand new three bedroom house, Tim Clare, 25, and his brother Rob, 24, realised that the same qualities that had appealed to them about the sought-after development would allow them to tap in to Leicester's thriving rental market.

    So the brothers snapped up a second stunning house at Cedar Walk as a buy to let investment and soon had their expectations confirmed - when they found a tenant within days of advertising the property.

    "A month after Rob and I moved into our first home, our grandmother sadly passed away," says Tim, the winner of Mr Leicester 2011 and runner-up in Mr England 2011. "She was more than just any old typical grandmother, she was like a whole family in one and an absolute legend. When she was here, she would always remind us both that whatever she intended to leave us, that we must put it to good use.

    "We wanted to invest our inheritance wisely, so we thought about investing in a property to rent. At a time when savings accounts provide very little interest and the rental market is in high demand, we thought that building a property portfolio would be a great option for us both - and we knew that there was nowhere better to do this than at Cedar Walk."

    Tim and Rob have been impressed with every aspect of the Taylor Wimpey development, from the build quality and value for money to its superb location, and they knew that living in a brand new home would appeal to many would-be tenants.

    "Our new two bedroom investment property is beautiful," says Tim. "It feels fresh, with an open plan kitchen/living room, which is well suited to contemporary lifestyles and the demands of the rental market.

    "And Cedar Walk is within easy reach of the city centre and the motorway network, so the property would appeal to occupants who need quick access to exceptional transport links.

    "Because Rob and I love living here so much, we knew that other people would too, so we were confident of easily finding a tenant for the new house - but we had no idea it would only take a few days."

    The brothers are now enjoying a rental return of £575 per month on their new two bedroom house and this success has inspired them to look at the possibility of further investment at Cedar Walk.

    "As homeowners and investors, we really appreciate the security of their maintenance-free properties, which come with a two year guarantee from Taylor Wimpey and a 10 year warranty from the NHBC (National House Building Council).

    "We've developed a strong relationship with Taylor Wimpey and because of this we are already looking to invest in a further property at Cedar Walk."

    Three bedroom houses are currently available at Cedar Walk from as little as £182,995, four bedroom properties from just £199,995 and five bedroom homes from only £299,995.

    All homes at the development are completed to a high standard specification, including energy efficient central heating, double glazing and a fitted kitchen with an integrated oven, hob and hood.

    Nestled on the edge of Birstall village, Cedar Walk is an exclusive development of 108 new homes at Hallam Fields, just a stone's throw from beautiful countryside and village amenities. As the new community grows, it will benefit from a range of new facilities on the doorstep, including a new school, shops, offices and business units.

    For commuters, the nearby A6 provides a quick link into Leicester city centre and Loughborough, while junction 21a of the M1 is just five miles from home.

    A new park-and-ride bus service also operates close to Cedar Walk into the centre of Leicester, where a huge range of high street and independent stores can be found, alongside a wealth of cultural and leisure amenities.

    Some information contained herein may have changed since it was first published. SmartNewHomes strongly advises you to seek current legal and/or financial advise from a qualified professional.

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