123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

Consider Investing In Property In Nottingham For High Yields

By Author: Graham Flaherty
Total Articles: 19
Comment this article

Rising House Prices In The East Midland’s City Means That High Yields And Good Levels Of Capital Growth Can Be Achieved

House prices in Nottingham have risen by 5.6% between October 2017 and October 2018, according to the Land Registry. The overall average price for a property in Nottingham is now £195,797. The capital of the east midlands is not just an excellent choice for investors looking for opportunities to make capital gains, the rental yields achieved are some of the highest in the country.

High Yields Achievable Through Property Investments In Nottingham

Research conducted by Mortgage Broker Private Finance has shown that average rental yields in Nottingham are the second highest in the country at 5.6%. It also performs well in terms of capital growth, as according to eMoov.co.uk over the next 10 years Nottingham will top the tables for average house price growth at 0.8% per month. This means that the average property price will increase by 160% between 2017 and 2027, from £133,215 to £346,592.

The attraction of Nottingham is that 25% of its population is aged between 16-24 – one of the prime demographics that will be looking for rental property as they just start out in their careers and providing an opportunity for capital uplift when they have saved enough money for a deposit and are ready to buy. The city also boasts excellent travel connections, that makes 90% of England’s population accessible.

Regeneration In Nottingham Will Only Boost Property Prices

Regeneration to Nottingham’s city centre will improve desirability to live in or around the city. For a while, shops have stood empty in Broadmarsh shopping centre, but this is all due to change as Intu has committed to making improvements. New retail outlets are not the only way in which the council is looking to improve the city centre. An empty building on Carrington Street is due to be transformed into a gym and other initiatives are in place to improve the number and quality of facilities in the city.

A new HM Revenue and Customs centre is due to be built in Nottingham too, which will create 4,000 new jobs and of course, those new employees will be vying for accommodation in the city so now could be the ideal time to invest in buy to let property in Nottingham.

Sherwood Square is one buy to let opportunity based in the Nottingham suburb of Carlton. The development is a contemporary collection of 42 one-bedroom apartments starting at £104,995. Features include anti-slip vinyl flooring, custom built kitchens and stylish bathrooms.

With an estimated 6.75% per annum gross rental yield, Sherwood Square provides a robust investment opportunity for the astute investor. The ‘Monthly & Mortgage’ plan, where the 30% exchange deposit is divided by the 24 months build schedule and the remainder paid on completion by way of mortgage or cash, provides an attractive low point of entry into the property market.

Contact us today to find out more about buy to let investments in Nottingham and around the UK.

Total Views: 50Word Count: 502See All articles From Author

Add Comment

Real Estate and Foreclosure Articles

1. How To Choose A Realtor To Sell Your House?
Author: Rick Lopez

2. House For Rent In Noida
Author: rentxzindia

3. Hmda Approved Standalone 200 Sq.yd Plots For Sale @ 20 Lakhs In Ibrahimpatnam
Author: property Adviser

4. Vsk Infrastructures : Building Construction And Infrastructure Development In India
Author: VSK Infrastructures : Building construction and In

5. Los Mejores Sitios Web Para Casas Y Apartamentos En Venta
Author: Venta de Casas y Apartamentos

6. All To Know About Custom Builders In Toronto
Author: Rick Lopez

7. Discover Smart Steps To Save Money On Your New Home
Author: Heatherland Homes

8. Design Values Of Architecture
Author: Access Architects

9. What To Look In A Paying Guest Accommodation?
Author: Siana Roshan

10. Don’t Discard The Notion Of Hiring A Real Estate Agent
Author: Lesley Gallagher

11. Top 10 Hill Stations To Buy A Retirement Home In South India
Author: Expert

12. The Basics Of What Are Some Of The Best Location In Nilgiris To Live In?
Author: Expert

13. Factors To Look-over Before Buying Hill Station Property
Author: Xpert

14. Best Hill Station Hangout Place For Professional Youngsters You Really Need To Read
Author: Expert

15. How To Choose The Best Myrtle Vacation Properties
Author: Surfside Beach House Rentals

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: