This new development is situated in the heart of Swindon’s ever- expanding town centre and is within walking distance of the bustling high street and one of the biggest covered-designer outlet malls in Europe, boasting Hugo Boss, Calvin Klein, Ralph Lauren, and Tommy Hilfiger stores amongst its 100+ indoor retail, food, and drinks outlets. What's more - there is a 5% discount on its advertised prices, and is already tenanted with a 6% gross yield!!
As well as the excellent retail facilities on offer, Swindon has been a commuter centric town since the 19th century and has positioned itself as one of the best strategic locations in the country. Near to Swindon Railway Station, this development is perfectly positioned in the busy commuter hub and offers tenants access to London Paddington and the Southwest.
With the electrification of the improved Great Western Railway line, London will become a shortened 45-minute commute from Swindon – putting the town in Zone 4 of the capital's travel-map. This major investment to Swindon’s infrastructure will open an array of employment opportunities to the town and will provide a boost to the economic climate.
The electrification of the rail-line will soon lead to the increase of house prices in the area; in short, Alexander House and the surrounding township is awash with excellent amenities and convenient transport links for tenants and homeowners.
The seven storey, 29,000 sq ft property comprises 44 apartments, 10 of which are available for investment and have gained two years of stabilised rental income.
Walking distance to the train station and central to the business district.
The historic commuter town is home to several museums as well as theatres, live entertainment venues, bars, and a large shopping centre all within easy reach from The Lock.
Swindon is bounded by the M4 Motorway to The South and the mainline railway line to the west of the country.