Sherwood Square, Nottingham
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Nottingham Buy to Let Investment – Sherwood Square Phase 2
Sherwood Square is just a short journey outside of Nottingham city centre, making it an ideal choice for young professionals working in the city.
Key Figures
£119,995Starting Price
6.5%Net Yield
Q4 2020Completion Date
Investment Details
The second phase of Sherwood Square will be a completely new build comprising 24 one and two-bedroom apartments. One-bedroom apartments start from £119,995 and two-bedroom apartments start from £139,995.
Each apartment will be designed in both a practical and aesthetically pleasing way to suit everyday life and maximise enjoyment of the living space. Features include anti-slip vinyl or wood flooring, custom-built kitchens.
Sherwood Square phase two buy to let investment fundamentals
One and two-bedroom apartments available Invest from £119,995 Contemporary, new build development Nottingham has experienced property price increase of 10% in the last year – the highest increase in a decade Completion Q2 2020 Pay the 30% deposit over the 24-month build period 5% initial payment towards deposit
Why choose a Nottingham buy to let investment?
Nottingham is a central hub of the East Midlands, with excellent transport links to London, the train to St. Pancras International providing a connection to the rest of mainland Europe. In addition to this, a £250 million economic regeneration has recently been initialized in the city to facilitate a remodeling of the city centre and the building of a new college campus. The online credit broker totallymoney.com has listed Nottingham as the #1 best buy-to-let area in Britain, in part due to its high student population and high average rental yield. With two prestigious universities based in the city, Nottingham has a young lively population who will be looking for accommodation once they graduate which will help boost demand.
Speak with your consultant today to find out more about why affordable house prices coupled with a booming employment market can positively affect rental yields.
The Numbers
Ground Rent:£250 (estimated)
Number of Units:66
Service Charge:£850 (estimated)
Prices:From £119,995
Leasehold:N/A
Flooring
- Safetred anti-slip vinyl flooring
- Bedroom areas fitted with contemporary carpeting
Kitchens
- Double base units, double and single wall units
- One and a half sink unit with chrome mixer tap
- Laminate worktop
- Tiled or glass splashback
- Brushed metal handles to kitchen units
- Fully integrated appliances to include oven, ceramic hob, extractor, and fridge freezer as per kitchen supplier's proposals
Bathrooms
- Contemporary bathroom suite
- Self-contained sliding door shower cubicle with tray and overhead adjustable shower head
- Full height tiling panel to the back and side of shower cubicle
- Contemporary WC to match
- Pedestal basin with high quality chrome mixer tap with tiles as a splashback
- Mirror over basin
- Downlights or single ceiling light of high quality positioned as per electrical layout-switch control
- Ceiling/wall mounted extraction fan
- Electric ladder towel rail
The developers are offering a flexible payment plan.
- Monthly payment plan
- 5% reservation deposit
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