Key Details
Prices From
£104995
Payment Plan
Development Type
completed
Status
Completed
Key Points
- • Type, PDR conversion
- • Units, 66 one & two bed apartments (sold out)
- • Price, £104,995 - £139,995
- • Yield, 6.6%
More Details
Interior design series: Modern Bedroom in white
Interior design series: Modern Bedroom in white
Sherwood lounge It's all about the location
Located on the outskirts of Nottingham, Sherwood Square is a two-phase residential development. Phase One is a PDR conversion to 42 contemporary one bed apartments and Phase 2 is a new build made up of 24 one and two beds, providing the perfect Nottingham Investment oppourtunity.
Nottingham is ranked as one of the best places to live in the UK. The proximity of major road links and expansion of the award winning tram network means the city is easily accessible. Over 70 trains a day run direct to London St. Pancras International, with its Eurostar connection into the heart of Europe.
[wp_mapbox_gl_js map_id="8152" height="600px"]No Mortgage
1 Bedroom Apartment
Purchase Price: £104,995.00Reservation Deposit: £5,249.75 plus £850 legal feeMonthly Payment Stage: 24 x £1,314.44
Remaining payments are covered by rental income over 5 years.This option is perfectly suited to clients without a large lump sum. Payments can be made across the build term, keeping payments low.
Payment plan provided is correct at the time of development launch.
Estimated gross rental income £575per month / £7,200 per year
Estimated gross rental yield 6.57%
Monthly & Mortgage
2 Bedroom Apartment
Purchase Price: £122,995.00Reservation Deposit: £6,149.75 plus £850 legal feeMonthly Payment Stage: 22 x £1,397.67
Balance is paid by way of an arranged mortgage or cash.This option is perfectly suited to clients without a large lump sum. Payments can be made across the build term– keeping payments low. This payment plan is only available on selected plots.
Payment plan provided is correct at the time of development launch.
Estimated gross rental income £650 per month / £7,800 per year
Estimated gross rental yield 6.3%
Fast Facts
- Initial deposit of 5% followed by monthly payments during construction
- 22 month build period. Completion anticipated Q3 2022
- Ideal location in the heart of Chesterfield's thriving market town centre
- Less than 10 minutes walk to local coach and train stations
- 6 universities less than an hour away
- Projected rental yields of 6.6% for this Nottingham Investment
Introduction
Located on the outskirts of Nottingham, Sherwood Square is a two-phase residential development. Phase One is a PDR conversion to 42 contemporary one bed apartments and Phase 2 is a new build made up of 24 one and two beds.
Want to know more details?
Feel free to contact our agent