It's Time for You to Have
The Hive
Nottingham
Prices from £107,996 | Per Month £1,620
+84 (0)975 501 224
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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
Nottingham, UK
It’s all about the location
Income Paying Assets
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.
High rental Market
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.
Why Invest In Nottingham?
21 studio, one & two bed apartments
Undergoing substantial regeneration and economic growth, Nottingham is a city in its ascendency.
With strong capital growth potential, attractive rental yields and a sustainable student and growing young professional demographic, not to mention relatively affordable housing prices, now is a great time for property investment in Nottingham.
No Mortgage
1 Bedroom Apartment
Purchase Price:
Purchase Price: £119,995 Reservation Deposit: £5,399.75 plus £850 legal fee Monthly Payment Stage: 22 x £3,190.76
Balance Payment:
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.
Gross Income:
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:
Purchase Price: £122,995.00 Reservation Deposit: £6,149.75 plus £850 legal fee Monthly Payment Stage: 22 x £1,397.67
Balance Payment:
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.
Gross Income:
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%