Watersmeet Apartments is a development of 63 high quality fully serviced apartments in the Cotswold Water Park Resort. Managed by the Four Pillars Hotel, the apartments range in size from one to four bedrooms, from studios to penthouses and will be sold leasehold, furnished and ready for occupation.
* Property for sale in the Cotswolds
Owners will be able to spend 28 days per year in the flat, taking advantage of all the high quality facilities which are offered by the Four Pillars Hotel, including a destination spa, and all the activities in and around the Water Park which include water sports, cycling, horse-riding and walking.
The apartments are due for completion in September, and once owners have chosen when they plan to spend time in their properties, the hotel will rent out the rest of the time to conference delegates, holidaymakers and other guests. Owners receive 60% of the rental income, with a guaranteed net return of 6% for the first five years.
James Higham from Savills, who are marketing the development, said: ‘The main aim of the project is to provide owners with a secure income stream from their investment. At the same time, it’s a great opportunity for individuals, couples or families to spend some time unwinding in a beautiful countryside environment.’
Watersmeet Apartments range in price from £105,000. For further information, call Savills Oxford on 01865 269000.