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Key Details
Prices From
£107,996
Payment Plan
1,620
Development Type
completed
Status
Completed
Key Points
- • Estimated Completion, Q4 2022
- • Type, Residential Development
- • Price, £107,995 - £119,995
- • Payment Plan From:, £1,620
- • Yield, 5.56%
- • Units, 21 studio, one & two bed apartments
More Details
It's all about the location
Mansfield is located 15 miles from the bustling city of Nottingham and offers a network of roads that radiate from the town offering direct routes to Nottingham, Worksop, Chesterfield and Newark.
Within an hour, you could set off from the market town and get to Sheffield, Derby and Nottingham. It boasts a rich history - particularly its recent industrial past.
It is a short 15-minute drive to one of East Midlands leading shopping centres, The McArthurGlen East Midlands Designer Outlet which is home to brands such as Hugo Boss, Tommy Hilfiger, Fiorelli and Kurt Geiger.
Mansfield is also home to Sherwood Forest - the former stomping ground of Nottinghamshire's most famous outlaw, Robin Hood. It is is a great place for family walks surrounded by 900-year-old oak trees.
[wp_mapbox_gl_js map_id="8199"]Unique Payment Plans
No Mortgage
1 Bedroom Apartment
Purchase Price: £119,995Reservation Deposit: £5,399.75 plus £850 legal feeMonthly Payment Stage: 22 x £3,190.76
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 £650 per month / £7,800 per year
Estimated gross rental yield 6.5%
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 Q4 2022
- Ideal location in Mansfield, South of Nottingham.
- Projected rental yields of 5.56%
- Read more about the payment plan here
- All brochure images are indicative
Introduction
Located in Mansfield, north of Nottingham, The Hive is a residential development which will compromise of luxury studio, one and two bedroom apartments, set within its own grounds. This is an off-plan development with an estimated completion date of Q4 2022.
Want to know more details?
Feel free to contact our agent
