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The Barclay

Devon, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q4 2023

  • Short term lets up to 13.5% gross
  • Fully managed, hands free
  • 15 minute drive to the beach
  • Huge local short term rental demand
Purchase Process

Investment Highlights

  • Invest from only £155,000
  • Gross short-term yields up to 13.6%
  • Fully managed and hands-free investment
  • High-specification apartments with integral appliances
  • 15-minute drive to the nearest beach
  • Close proximity to the town centre
  • Just a short drive from major cities such as Exeter and Plymouth

Investment Breakdown

  • Leasehold: 125 Years From Jan 2023
  • Ground Rent: Peppercorn
  • Service Charge: £99 per month
  • Estimated Completion: Q3 2023

Market Key Facts

  • Devon is a growing economy, presently valued at over £23 billion
  • Devon's economy has grown by 19.1% over the last five years (UK average: 16.1%)
  • Excellent transport links with the A38 and A380connecting to the M5 motorway
  • Newton Abbot, home of The Barclay, has recently secured £9.2 million of funding to rejuvenate the town centre
  • Devon has higher than average employment rates – 78.3% compared to the UK average of 74.5%.

The Barclay - Overview

Pure Investor are delighted to present The Barclay, a luxury new residential development ideally located in the growing economy of Newton Abbot, Devon.

The Barclay is a remarkable residential development that seamlessly blends the historic charm of the past with the comfort of modern living. Once a prominent bank, this exquisite building has been thoughtfully transformed into a collection of 20 elegant one and two-bedroom apartments each finished to the highest specification.

The developer has meticulously retained and enhanced the original architectural features, including grand windows to create a unique and exclusive living experience. The result is a harmonious fusion of classical elegance and contemporary luxury.

The apartments themselves boast spacious layouts designed to maximise comfort and functionality. Each has been meticulously crafted with high-quality finishes and fixtures throughout, offering a true sense of refinement.

Key Consideration - Short-Term Holiday Lets

The key to the appeal of the Barclay development is the opportunity to capitalise on the huge demand for short-term and holiday let accommodation throughout the Devon and South West region. For interested parties, we have a detailed synopsis of the short-term rental opportunity, which is available on request. For further details on this, please contact our consultancy team directly on Tel: 0161 337 3890 or Email: enquiries@pureinvestor.co.uk today. 

Purchase Process

  • Reserve your unit with a signed reservation form
  • Provide certified ID, proof of address and proof of funds to Pure Investor
  • Pay a £2000 reservation fee
  • Exchange contracts 20% of balance (less reservation fee)
  • Remaining balance due on completion

The Barclay - Key Points

Location

Location

Devon, United Kingdom

Price

Price

N/A

Completion

Completion

Q3 2023

Rental Yield

Rental Yield

Up To 13.6%

Video - The Barclay

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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The Barclay - Location

Located in the heart of South Devon, the market town of Newton Abbot is surrounded by rolling hills, stunning country side, and picturesque villages. The town is also close to Dartmoor National Park and the beautiful beaches and coves of the south west coastline, offering endless outdoor recreation opportunities.

Furthermore, Newton Abbot has a bustling town centre with a range of independent shops, cafes, restaurants, pubs, a popular market and even a cinema, making it perfect for families and youg professionals alike.

If you are making a lifestyle move, the locality offers plenty for those wanting to enjoy outdoor pursuits. You’re spoilt for choice with local golf courses, nearby gyms and nature’s bounty for those who enjoy walking, cycling or seasports. For thes pectators among us, there are two local horse racing venues and, of course, unrivalled rugby to enjoy at Sandy Park for Exeter Chiefs supporters.

Nearby Amenities

  • Newton Abbot Town Centre - 2 minute walk
  • Newton Abbot Train Station - 10 minute walk
  • Newton Abbot Racecourse - 8 minute drive
  • Exeter - 32 minute drive
  • Plymouth - 46 minute drive

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Devon

Aside from the obvious draw of the stunning coastline and excellent outdoor amenities, Devon offers investors above average rates in both employment rates and economic growth helping make it the ideal location for your next investment property.

Newton Abbott, the home of The Barclay, has recently managed to secure £9.2 million from the Government’s £1 billion Future High Street Fund (FHSF). The funding would go towards reinvigorating the town centre.

The regeneration plans build on the 800 year history of Newton Abbot as a market town, creating a modern centre that embraces sustainable travel and encourages people to shop, buy, eat and socialise locally.

  • Devon is a growing economy, presently valued at over £23 billion
  • Devon's economy has grown by 19.1% over the last five years (UK average: 16.1%)
  • Excellent transport links with the A38 and A380connecting to the M5 motorway
  • Newton Abbot, home of The Barclay, has recently secured £9.2 million of funding to rejuvenate the town centre
  • Devon has higher than average employment rates – 78.3% compared to the UK average of 74.5%.

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

Pure Investor - Property Investment