PIP is delighted to bring our investors this fabulous investment opportunity, ideally positioned close to the city centre of Nottingham.
Sherwood Square comprises of two phases, made up of luxury 1-bed apartments. Phase 1 is within a reimagined former Police station and Phase 2 is a new build apartment block.
PIP have been able to secure for our clients a build complete, second floor, 1-bed apartment in Phase 2. This lovely 1-bed apartment is available for £119,995, with a predicted monthly rental amount of £625 - £675 (furnished) and an anticipated yield of up to 6.8%.
As a PIP client, those who invest in Sherwood Square will also benefit from an allocated parking space at no additional cost.
Close to the M1, A1, A52, A46 and A42, the development is easily accessible to other cities and the beautiful Peak District. Meanwhile, over 40 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, Jermaine Hines of Lamont Estates, has expressed how successful the development is proving to be. The apartments 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, Jermaine is confident in their rentability. In fact, in many instances tenant applications are being received, processed and approved prior to legal completion, which means investors are often experiencing little to no rental voids.
Reasons To Invest
- Luxury apartment, close to Nottingham city centre;
- Direct trains to London St Pancras in 1hr 40 minutes;
- Two excellent local universities, including 2017’s number 1 ranked university;
- Allocated parking space at no extra cost;
- Close to major road links including the M1, A1, A52, A46 and A42, making it easily accessible;
- Strong rental demand;
- Predicted rental yield of up to 6.8%;
- Lively city location with lots of regeneration taking place.
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