Buy A Barratt Show Home In Smethwick With A 6% Return

Barratt Homes West Midlands is encouraging potential investors to purchase a show home at its Windmill Heights development in Smethwick on a 6 per cent lease back scheme.

The Barwick show home, plot 78, is for sale priced at £184,950. Any potential investor will earn a return over 12 months, which equals a monthly sum of £925.

The potential buyer will need to be able to offer the full asking price. Barratt will then rent the house for a year whilst keeping the property in tip-top condition.

The show home, at the development on Messenger Road, has been built to the industry's highest standards and has been decorated and furnished throughout.

The Barwick is a semi-detached family home. The ground floor comprises a lounge and dining area with French doors leading to the rear garden, a fully fitted kitchen with family breakfast area, plenty of storage space and a useful cloakroom. Upstairs you'll find a master bedroom with en suite, two further bedrooms and a family bathroom.

Katie Yates, Sales Manager for Barratt Homes West Midlands, commented, "Our Barwick show home offers great value for anyone who is looking to invest in property with minimal risk – as you have a guaranteed tenant for the full duration of the lease.

"And rather than having to worry about untidy tenants, the investor knows that we will maintain the property in pristine condition. We will also guarantee internal fixtures and fittings for a full five years."

For more information call the Sales Centre on 0121 565 2149 open Monday 12.30pm to 5.30pm and Tuesday to Sunday 10am to 5.30pm.

Alternatively, please call the Sales Information Centre on 0844 811 9933 open seven days a week from 8am to 9pm or log on towww.barratthomes.co.uk/windmillheights

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NOTES TO EDITORS:

1. For further information about Barratt Homes West Midlands please contact Hannah Elwell, Director of PR or Natalie Webb, PR Account Manager on 0116 247 1777 or hannah@unsworthsugden.co.uk ornatalie@unsworthsugden.co.uk.

2. Barratt Developments PLC is a FTSE100 company.

3. Barratt Group sold 14,838 homes in the year to June 2014, making it the biggest housebuilder by volume in Britain

4. Barratt was awarded a maximum five star rating for the sixth consecutive year in the 2014 Home Builders Federation Customer Satisfaction Survey

5. Site managers working for Barratt Group won 81 awards for quality workmanship in the 2015 NHBC Pride in the Job Awards. Barratt has won more Pride in the Job awards than any other housebuilder for the last 11 years

6. Barratt is the only housebuilder to provide a five year warranty to the first owner or purchaser direct from the company of its new build homes, on the fixtures and fittings installed at the time of purchase