Hillreed Homes new homes portfolio offers an alternative to investors

With bank rates continuing to bob along at a very low level as inflation continues to exceed Bank of England targets, anyone with savings in the bank is effectively losing money at the moment. Even the paltry returns many savings accounts offer keep the value of savings level in real terms. Investing in new homes can be a great alternative to banking the money, particularly as in the long term, property has always turned out to be a very safe bet to appreciate your capital.

Hillreed Homes has been constructing properties in the South East for over 35 years and now sees the dearth of high-quality family homes on the rental market as being a great opportunity for investors to benefit from returns that are perhaps double that of the most competitive savings account rates.

"The title of landlord is now moving to ‘ordinary people' who are not making a career out of renting numerous properties but just wanting to secure their future and enjoy a good income," says Jo Richards, Marketing and Corporate Manager at Hillreed Homes. "For example, we have a four-bedroom [‘Nuthurst'] detached house (plot 125) at Kings Hill, West Malling in Kent for £369,950. Close to schools, shops, trains and the motorway, yet surrounded by open countryside, this is a perfect rental home for a family and could bring in around £1,600 per calendar month for the owner."

Another option at the Kings Hill development in Kent is the ‘Queenborough', again with four bedrooms and boasting nearly 1,300 sq ft of accommodation over two floors, including a utility room, a study and en suite shower room to the master bedroom. Investors considering new homes in West Sussex for their portfolio might plump for a three-bedroom terrace house at the company's Pease Pottage development, priced £244,950.

Both developments enjoy good local amenities and excellent transport links, making them perfect for anyone hoping to rent out to tenants who work locally or commute.

"This is a way forward for those worrying about their income," adds Jo. "Even the smallest of the homes mentioned should bring in around £1,050 per calendar month, particularly bearing in mind its proximity to Gatwick airport."

Hillreed Homes is currently selling on a number of developments of new homes in Kent, Sussex, Surrey and Hampshire, in some of the most desirable locations in these counties, with a selection of apartments and family homes to suit any investment, boasting two to five bedrooms.

The 'Queenborough' four-bedroom home at Hillreed Homes' Kings Hill development is just one of the family property types that investors could choose at the company's schemes in the South East