Unprecedented Demand for Apartments in UK

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Investors buying apartments at Modus in Ipswich, a new development by Fairview New Homes, certainly made a wise decision. Local letting agents are finding that these stunning new apartments are being snapped up by tenants as soon as they come to the market!

Located in Orwell Quay, Modus comprises a collection of one and two-bedroom apartments and live-work duplexes, set within beautifully landscaped surroundings with tree-lined avenues, squares and courtyards. Each new home provides light-filled living space, stylish kitchens with a range of integrated appliances and contemporary bathrooms featuring the latest fixtures and fittings.

The most popular rental properties are proving to be the two-bedroom fully-furnished apartments. With prices starting from just L144,000 for a two-bedroom apartment and Fairview New Homes offering complete furnishing packs at a reasonable cost, these new homes are excellent value for money.

Tucked between Duke’s Street and Fore Hamlet, Modus is in an up-and-coming area within easy reach of the town centre, the marina and the university and college campuses in Ipswich. This location is one of the key factors in the development’s popularity according to Jim Holliday, sales director for Fairview New Homes:

“At Modus, we have experienced a high level of demand not only for investors who are really pleased with the response from the rental market, but also from first and second time buyers. With close proximity to the university and colleges, the apartments are appealing to teachers and lecturers and to parents who want to buy a property for children of university age or above. The development is also popular with local BT workers, both those who are settling in Ipswich and those who are contracted to work in the area.”

“The new apartments offer plenty of space and some have balconies or terraces. They are easy to maintain, energy-efficient and within walking distance of the town centre – what more could young professional buyers or tenants want?”
Source: Easier Media

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