Croft Court

Croft Court Overview

Croft Court offers superb high specification and stylish contemporary apartment living in the centre of Armthorpe’s
thriving village centre, with its variety of shops, supermarkets and services.

The development offers superb high specification and stylish contemporary apartment living in the centre of Armthorpe’s thriving village centre, with its variety of shops, supermarkets and services The 30 apartments include 14 differing sized one-bedroom apartments and 16 two-bedroom apartments, each apartment having its own designated parking space, plus visitors parking within the rear courtyard.

All the high specification apartments benefit from fully fitted kitchens (including built-in electric oven, hob, extractor, fridge, freezer and washer/dryer), all carpets and floor coverings are included, upvc double glazed windows, audio intercom entry systems, energy efficient electric radiators, white contemporary style bathrooms (with complementary tiling and electric over bath showers), mains operated smoke alarms, and designated parking spaces. The commercial site below has attracted national companies to our area, including Halifax Plc and Greggs, whilst providing prime and affordable retail opportunities to other local businesses.

One of the most unique aspects of investing at Croft Court is that it is currently being leased to the non-profit housing company under a fully internally repairing insurance (FIRI) lease that also includes annual Consumer Price Index (CPI) increases, and with the national CPI rising at an unprecedented rate in recent years, the scope for growth in rental income through CPI increases is extremely high.

Croft Court Investment Highlights

• Purchase price: £191,579
• 9.5% yields for 25-years
• Earn income instantly
• Hands-off, fully-managed investment
• All running and repair costs covered
• Annual inflation-linked rent increases