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Swindon Property
Faringdon is only a short trip by car to Swindon and very close the to the Honda car plant. The Honda car plant has spent more than a decade producing famous cars such as the CRX and employs more than 4000 workers. The predominant young male workforce creates a great opportunity for buy to let. Honda announced plans to expand production from 190,000 to well over 250,000 in 2007. This great expansion will increase the workforce by over 700. Demand for suitable rental property can only rise, whilst the work force grows, so if you intend to buy to let from Swindon or Faringdon then flats and houses by the plant should remain profitable for the foreseeable future.
Swindon is also host to a number of well known companies; Motorola, BMW, WH Smith, Intel, Nationwide, Zurich and Patheon but remember time is money so don’t choose an area where it takes you 2 hours to view just one property to let!
Swindon in recent times has become most popular for it’s shopping. The McArthur Glen Designer Outlet certainly publicises the area well as shoppers from as far as Reading flock to the centre in search of cheap designer clothes. Such exposure certainly promotes the area and encourages families, young homeowners and first time buyers to relocate to Swindon and it’s surrounding towns such as Faringdon.
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