Built by highly respected developers, Prosperity, clients were offered this fabulous opportunity to invest in luxury apartments close to the centre of Nottingham. Built across two phases, Phase 1 is within a reimagined former police station, whereas Phase 2 is a new-build apartment block. All properties included an allocated parking space at no extra cost.
With prices starting from £104,995 rising to £119,995, these fabulous apartments offered gross rental yields of up to 7.7%.
Nottingham has recently embarked on an exciting period of economic regeneration to its city centre. The ‘Southern Gateway’ is a £250m scheme, encompassing a re-modelled shopping complex to a revamp of the city’s train station, making it a vibrant city to live, work and study.
The city boasts of two excellent local universities and has great major road links including the M1, A1, A52, A46 and A42, making it easily accessible. Within the city, the expansion of the award-winning tram network makes getting around the city itself even easier. Direct trains to London St Pancras in 1 hour 40 minutes.
What is more, property prices have increased in Nottingham by more than 10% in the past year, according to Land Registry.
Letting agent, Jermaine Hines of Lamont Estates has stated - "In challenging circumstances, Sherwood Square has delivered on everything we expected and more. Rents have matched or exceeded initial valuations with average void periods across the site kept to 14 days from completion. We have recently re-let some of our earlier completions, with the longest void standing at 3-days. All signs point to the site being a fantastic investment for your clients."
Request a Callback
Please fill in the form below and one of our team will get back to you soon.