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Key Details
Prices From
£84,996
Payment Plan
Development Type
completed
Status
Completed
Key Points
- • Type, Stylish conversion
- • Units, 11 one bed apartments
- • Price, £87,995 - £122,995
- • Yield, 6.35%
More Details
It's all about the location
A substantial residential and commercial redevelopment Newark-on-Trent property development, Trent House is a characterful building offers a contrasting backdrop to the vibrant area on which it sits and symbolising perfectly the old meets new charm that Newark-on-Trent town centre possesses.
The development comprises 11 one bedroom apartments across two floors, and is situated within walking distance to all local amenities, shops, restaurants and bars
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Prosperity's trademark design
Delivering style and contemporary elegance to every development. All homes will feature an open plan living area, stylish custom fitted kitchen with integrated appliances and a contemporary white bathroom suite.
Each apartment has been intelligently planned to create the best accommodation flow possible in which to socialise and relax and an individual specification selected to maximise the appearance and long-term enjoyment of each newly created home.
No Mortgage
1 Bedroom Apartment
Purchase Price: £107,995.00Reservation 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 £600 per month / £7,200 per year
Estimated gross rental yield 6.6%
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 6.35%
- Newark-on-Trent property development
Introduction
The development comprises 11 one bedroom apartments across two floors, and is situated within walking distance to all local amenities, shops, restaurants and bars
Want to know more details?
Feel free to contact our agent
