You are here: Home

UK golf apartments released with rental guarantees

Property news
Sunday, 07 August 2005

Investors Provident is extremely excited to offer its clients an amazing opportunityto invest in one of the best golf courses in the world, but right here in the UK. In fact, it ranks Number 18 amongst the world's best!

Situated on a magnificent stretch of the Atlantic coastline, with the gently rolling Scottish countryside at its back, Turnberry is unquestionably one of the great resorts of the world. Set in 800 acres of one of the most beautiful corners of Scotland, Turnberry's fascinating provenance and idyllic natural position render any stay a memorable experience.

For countless thousands of players the world over, Turnberry is simply the finest golfing destination of all. The scene of some of the most remarkable moments in Open history, the legendary Ailsa is complemented by the dynamic challenges of the new Kintyre championship course.

Investors Provident have secured 9 two bed apartments in an exclusive development situated only 500m away from this magnificent golf course and Turnberry Resort. All apartments come fully furnished up to 5 star specification, and have excellent views of the sea and the golf course. There is a built in ready equity of £16,000 on each apartment.

Each apartment comes with a rental guarantee of £1,408 per month till the end of the year. There is also a possibility of giving these apartments for rent to a corporate building wind farms in the area, who will take them up for a long term rental.

RICS valuation on all the apartments are £265,000, but investors can purchase them for £249,000 giving instant equity of £16,000 on each apartment with a tenant in place, and also reducing the stamp duty to 1% instead of 3%. A finance package is also in place for our investors and can be tailored specific to individual circumstances.

KEY FACTS

  • All apartments come fully furnished to 5 star quality
  • All apartments are freehold set within 4 acres of landscaped garden with a nature reserve and own private parking plus visitor parking
  • £16,000 discount from two independent RICS certified valuations
  • Approximately 500m from the golf course and Turnberry Resort
  • Located in the coastal stretch known as the Golfers Paradise with views of the Atlantic Ocean
  • The last of the developments in the area with no further planning permission for future developments
  • All apartments come with rental guarantee of £1,408 per month till the end of the year
  • Possibility of a long term rental contract by a corporate building wind farms in the area
  • Rental cover of over 130%, thereby achieving excellent mortgage rates
  • 10 years NHBC building guarantee on all apartments

A full investment report is available on the Investors Provident website: http://www.investorsprovident.com/

Like what you read? Digg it. Tag it. Share it.
Digg!Reddit!Del.icio.us!Google!Live!Facebook!Slashdot!Netscape!Technorati!Furl!Yahoo!

Other projects and articles of interest