PIP is delighted to bring our investors a new build, off-plan investment opportunity, ideally positioned close to the city centre of Nottingham.
Sherwood Square comprises of two phases, made up of luxury one and two bed apartments. PIP have been able to secure our clients the last few 1-bed units in Phase 2 for the fantastic price of £119,995, with predicted yields of up to 5.8%.
As a PIP client, those who invests in Sherwood Square will also benefit from an allocated parking space at no additional cost. The build is currently anticipated to complete approximately Q3/Q4 2020. However, this could be subject to change as the build progresses.
Close to the M1, A1, A52, A46 and A42, the development is easily accessible to other cities and the beautiful Peak District. Meanwhile, over 70 trains a day run direct to London St Pancras International, making the Capital easy to reach with the fastest train taking 1hr 40 mins. Within the city, the expansion of the award-winning tram network makes getting around the city itself even easier.
Our nominated letting agent, Joe Knowles of Leef Properties, has expressed how good the scheme looks, stating how large the units are for 1 bed apartments! They are in a lovely location of Nottingham, just outside of the city centre and close to good motorway links. Marketed either as furnished or unfurnished, Joe is confident in their rentability.
Reasons To Invest
• Luxury apartments, in an excellent close to city-centre location.
• Direct trains to London St Pancras in 1hr 40 minutes.
• Two excellent local universities, including 2017’s number 1 ranked university.
• All properties have an allocated parking space.
• Close to major road links including the M1, A1, A52, A46 and A42, making it easily accessible.
• Strong rental demand.
• Lively city location with lots of regeneration taking place.
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Build Update - Q1 2020
Latest from the site . . .
Phase 1 - Exciting news; the build is ahead of schedule, with build completion now scheduled to be in June.
Phase 2 - The building is watertight and internal works are ongoing. Juliet balconies were installed in February (were applicable). Again, the build is ahead of schedule, with build completion now scheduled to be in September.
Given the intense rental demand in the region and the completion of both phases being ahead of schedule, this is great news for investors.
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