The Lock Swindon

Investment Highlights

  • Prices from £115,000 for a high end fully furnished studio
  • 1-bedroom furnished apartment from £136,000
  • 2-bedroom furnished apartment from £170,000
  • Completed and Key Ready
  • Approximate Yield of 7% gross and 5.5-6% NET
  • Can be utilised as a serviced apartment with yields of 11% achievable
  • Properties are mortgageable. We also have a recommended provider lending 75% of the value
  • One of the largest UK developers with a strong track record

The Development

The Lock is situated in the heart of Swindon’s ever-expanding town centre and is within walking distance of the bustling high street and one of the biggest covered-designer outlet malls in Europe, boasting Hugo Boss, Calvin Klein, Ralph Lauren and Tommy Hilfiger stores amongst its 100+ indoor retail, food and drinks outlets.
As well as the excellent retail facilities on offer, Swindon has been a commuter centric town since the 19th century and has positioned itself as one of the best strategic locations in the country. In close proximity to Swindon Railway Station, The Lock is perfectly positioned in the busy commuter hub and offers
tenants access to London Paddington and the South West.
With the electrification of the improved Great Western Railway line, London will become a shortened 45-minute commute from Swindon – putting the town in Zone 4 of the capital’s travel-map.
This major investment to Swindon’s infrastructure will open up an array of employment options to the town and will provide a boost to the economic-climate. The electrification of the rail-line will soon lead to the increase of house prices in the area; in short, Alexander House and the surrounding township is awash with excellent amenities and convenient transport links for tenants and homeowners.

The seven storey, 29,000 sq ft property will comprise 44 apartments whilst also offering an attractive ground floor for commercial purposes
Walking distance to the train station and is central to the business district
When complete, the small residential development will be worth £8 million
Swindon is bounded by the M4 Motorway to The South and the mainline railway line to the west of the country.

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