Residential Estates 'puts money where mouth is on Axis Tower'

Not only do we believe Axis Tower is our strongest all round opportunity we have ever sold, we now believe that this is the strongest asset we have ever bought. Residential Estates yesterday bought Unit 10.06 here to add to our Asset base.

Residential Estates' Branch Manager, Richard Jones, stated that: "You cant get more of an endorsement than that from your representing agent we feel and hope this proves our total commitment to this development - we are delighted with the purchase and may take another in due course. Not only do we believe that this is the strongest all round opportunity we have ever sold, we now believe that this is the strongest asset we have ever bought."

The purpose of the purchase is mainly to strengthen our already strong serviced accommodation portfolio, whereby we are currently running at a 90.80% occupancy rate. The corporate lettings model we are able to offer on Axis Tower enables investors to achieve net rental yields of up to 17%. A figure that is unrivalled in todays competitive buy-to-let market.

If you would like to join us in purchasing a unit at one of the most iconic UK residential developments outside of London, then please enquire via our Axis Tower listing page.