About Sherwood Square, a Buy to Let Investment in Nottingham
Sherwood Square is in the Nottingham suburb of Carlton, in close proximity to the town centre. The development is a contemporary collection of 42 one-bedroom apartments starting at £104,995. Features include anti-slip vinyl flooring, custom built kitchens and stylish bathrooms.
With an estimated 6.75% per annum gross rental yield, Sherwood Square provides a robust investment opportunity for the astute investor. The ‘Monthly & Mortgage’ plan, where the 30% exchange deposit is divided by the 24 months build schedule and the remainder paid on completion by way of mortgage or cash, provides an attractive low point of entry into the property market.
Sherwood Square Investment Fundamentals
Why invest in Nottingham?
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.
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.
Is buy to let still strong and stable despite Brexit?
Many are reticent to continue investing in the UK property market due to Brexit. However, Britain remains politically stable and the economy has proven itself to be resilient.
Demand for property is still strong, and supply is not predicted to keep up with demand. The shortfall in the adequate number of new homes being built will further inflate prices. According to a recent study, over 340,000 homes will have to be built between now and 2031 to meet the shortfall and accommodate a growing population. The government year-on-year fails to meet the targets they set themselves for housebuilding.
Contact us today and discover why these are ideal fundamentals for an investor.
Deposit split over 24 months
Gross rental yield p/a