SOLD OUT!

PIP is delighted to bring our investors this outstanding ‘exclusive and hugely discounted’ opportunity to purchase these spacious 4-bed, 3-bath, 4-storey townhouses in a gated community, complete with garage and parking, in the centre of the historic and picturesque market town of Newark.  Discounted by 16%, these fantastic properties are available for only £222,995.

This sensational opportunity is only as a result of Covid-19 as the developer needs to get off the site to fulfil the next development they have committed to.  These properties have been discounted by 16% off the selling price of £265,000, which equates to an incredible saving of £42,005.

According to local Estate and Lettings Agent Whitegates, these properties are in a superb location, with great transport links and a strong rental demand.  They should achieve monthly rental amounts of £1,000 - £1,100, which translates into gross rental yields of up to 6%.

The properties feature a large entrance hall, leading to a separate garden room, with French doors opening onto the rear enclosed garden.  In addition, there is a good sized cloakroom and a storage cupboard with plumbing for a washing machine.  To the first floor features a high gloss kitchen/breakfast room with wood worktop and integrated appliances comprising of fridge-freezer and dishwasher, leading to a beautiful dining area and lounge with glass Juliet balcony looking out to the development.  On the second floor the master bedroom benefits from an ensuite shower room, there is also a family bathroom with bath and shower over, and a further double bedroom to the rear aspect.  To the third floor features a further two double bedrooms and family bathroom with a separate shower and bath along with an additional storage cupboard.  Each property benefits from gas central heating and double glazing throughout, along with a single garage and parking space.

Reasons To Invest

  • Built over 4 floors and offering 2,050 sq.ft of space, the properties come with flooring throughout, integrated white goods, turf and fencing;
  • 12-month rent guarantee from the date of legal completion of £1,100 pcm;
  • Discounted by 16% off list price, equating to a saving of £42,005;
  • Gross yields predicted of 6%;
  • 10 Year Aedis Warranty and 1 Year defects period;

 

  • Gated development in a town centre location;
  • Newark Hospital is only 1 mile away;
  • There are two train stations less than 1.5 miles away, with regular services to London Kings Cross taking 1 hour 15 minutes.
  • The development is located just off the A1 on the east side of Nottinghamshire, almost equidistant from Nottingham (22 miles) and Lincoln (19 miles), ideal for commuters.

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