A New buy-to-let property concept has been launched in Burnley
with a £10.6 million development released to the public.
The Apartel property investment is a development of 134 luxury
one-bedroom hotel suites which can be rented flexibly for any period of time from
a single night to a 12-month term.
“FJP has availability for investors all around the world who
wish to purchase within this exciting new property concept” said Tom Roberts of
FJP Investment
Designed to work as a student let (with an option to add a second
bed and desk), business commuter crash pad, starter flat or simply an
affordable alternative to budget hotel chains, Apartel will be available from
around £150 a week, with a sliding price scale depending on length of stay.
“We are starting with the first development at On The Banks in Burnley and will launch further Apartel developments throughout 2015” added
Roberts.
The first development is part of the On The Banks regeneration
scheme, in partnership with Barnfield Construction.
The building will benefit from a 24-hour concierge service, 60
free parking spaces, a communal gym fitted with the latest Technology equipment,
a Costa coffee shop and an outdoor amphitheatre and seating area.
He said: “Apartel is an exciting concept for the buy-to-let
market as consumers will be afforded the flexibility they so deservingly
require.
“The flexibility is there at every stage, who can stay, how long
for and there is even multiple income streams available for our investors.
“But best of all, the cost per night will be less than all other
local budget hotel chains – this is a business model that can compete at the
highest level.”
For
more information go to: Apartel Property Investment




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