Government forcing landlords to house non-paying tenants for lengthy periods11:18 AM, 15th September 2020
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PIP is delighted to present our investors with this amazing opportunity to invest just outside the centre of Nottingham. This off-plan investment opportunity is ideally positioned close to the city centre of Nottingham and is made up of luxury one-bed apartments. We have managed to secure our clients the best units for the fantastic price of £104,995, with yields of up to 6.6% – the price even includes a parking space!
Nottingham has recently embarked on an exciting period of economic regeneration to its city centre. The ‘Southern Gateway’ is a £250m scheme, encompassing a remodelled shopping complex to a revamp of the city’s train station. Already the scheme has expanded Nottingham’s award-winning tram network means visitors can get around easily. This only adds to the £1bn which has already been invested in Nottingham’s infrastructure.
Adam Kingswood, the director at lettings firm Kingswood Residential in Nottingham, said: “Because of the shortage of property and more tenants moving to the area – those being drawn to our two excellent universities, hospitals and big employers like Boots, E.ON and Experian – rents are being driven up. There are not enough houses compared to tenants.”
The build is currently anticipated to complete approximately Quarter 1 2021, however this could be subject to change as the build progresses.
For more information on these properties and information on how to invest please contact us using the form below and we will be happy to help.