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Impressive Established Developer
Close To The City Centre
Benefit From Circa 7.5% Yields
From As Little As £119,995
Introducing a brand-new boutique development minutes from Nottingham city centre. And an opportunity to get in first, ahead of the thriving local market.
Located closed to Nottingham city centre, The Wells is made up of 23 contemporary one and two bedroom apartments spread over 4 floors, with stunning features that include a vertical garden wall.
Some residents will have their own balconies, some will have their own roof terraces, and all will have access to the roof garden. The neighbourhood has never seen anything like it. Expect questions on completion.
Nottingham now stands at the top across the whole of the UK for property price growth in the last 12 months. The city has beaten everything. And Nottingham’s future remains equally bright, with a staggering 25.5% of growth forecasts over next 5 years.
Nottingham urgently needs new homes, and are currently delivering less than 30% of current demand. Demand is rapidly outpacing supply. This is leading to both price and rental rate rises.
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Each apartment has been carefully designed to offer practical, yet beautiful layouts that suit everyday life.
KITCHENS
Units
High quality wall units in white gloss with soft close handleless doors/drawers. Integrated appliances*
Electric oven, 600mm ceramic hob, fridge freezer, dishwasher and washer/ dryer. Taps Chrome mixer with ‘flexi-spray’.
WOODWORK
Flooring
Grey/Oak laminate in hall, living and kitchen Grey carpets in the bedroom Skirting / Architrave Primed softwood satin white. Ironmongery Satin chrome door furniture.
BATHROOM
Shower
1200mm x 800mm shower tray and glass enclosure. WC Contemporary style white porcelain with soft close seat. Hand Basin Integrated into gloss vanity unit. Tiling Shower cubicle fully tiled, basin with splashback. Large floor tiles.
TECHNOLOGY
TV
Digital and SkyQ wired Intercom Front door access telephone system.
Located in the heart of the East Midlands, Nottingham is a city of history, innovation and education. It is home to around 311,000 and with over 50% of them under the age of 30, Nottingham is one of the UK’s youngest cities.
Housing demand in Nottingham is far outweighing current supply, with the city’s housing strategy having failed to meet it targets. The Aligned Core Strategy envisaged a minimum of 17,500 new homes be provided in Nottingham between 2011 and 2018, and by April 2017, only 4,627 new homes had been completed.
Industry experts Savills forecast prices in the East Midlands to rise by 25.5% between 2021 and 2024, making the region one of the top three UK areas for capital growth.
For rental incomes, this city offers investors excellent prospects with some areas seeing yields of nearly twice the UK average. In fact, during 2019, rental rates increased in Nottingham faster than any other UK city, with rents increasing 5.8% compared to the national average of 2.6%.
Clearly, for both capital growth and rental incomes, Nottingham can offer investors exceptional returns.
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