South Side are contemporary apartments ideally placed in the commuter zone of two major cities – Derby and Nottingham. It offers an estimated 6.8% net rental return with prices from £86,995.
Estimated 6.8% NET rental return
Prices from £86,995
66 luxury one-bedroom and two-bedroom apartments across three phases
Completion date: Q3 2019
Located in the commuter zone for Nottingham and Derby
South Side is a stunning development of 66 one-bedroom and two-bedroom apartments in the heart of the commuter belt for Derby and Nottingham, to satisfy the growing demand for accommodation in the Midlands region. Units available from £86,995 with an estimated 6.8% NET rental return, South Side is a fantastic investment opportunity for Central England.
South Side is a striking investment opportunity, combining luxury and comfort in the heart of Central England. Offering contemporary design, this ideal investment proposes open plan living and dining spaces. The oversized windows, ensuring maximum natural light will delight tenants, looking for a calming place to call home. The fully fitted kitchens and bathrooms including hardwood veneer floors, stainless steel sockets are constructed to the highest quality are complimented by the array of amenities located in walking distance including shops, restaurants and an 18-hole golf course.
Reservation fee: 5% (plus £850 legal fees)
Completion: Your deposit is then divided by the number of build term months and paid on a monthly basis.
South Side offers 6.8% NET rental return. Expenses are £250 ground rent, £900 service charge and 12% plus VAT Management fee.
See table below for an example of the amount of returns you could earn:
Please note these figures do not take into account capital growth. We predict Manchester will increase significantly and terms of capital growth over the coming years. These figures below are based off today's estimated yield.
WHY INVEST In Ilkeston?
Located at Junction 25 on the M1 motorway, only ten miles away from Derby, Ilkeston takes full advantage of Derby's regeneration activity. With rising job prospects and affordable living Derby has a rising population of 250,000 with the 25-34-year-old sector answered the majority growth due to the job prospects and affordable living. Derby's population is estimated to increase by 9.45% by 2028, with 21,300 new jobs being created, makes Ilkeston a fantastic investment opportunity for its prime location.
Due to the value education from University of Derby, captains in the automobile industry including Rolls Royce and Toyota has chosen Derby as their headquarters, leading many students and young professionals to reside in the area. To complement the work opportunities, Derby offers a lively social scene to captivate its youthful population. Many who socialise and work in Derby at companies including Rolls Royce are choosing to live in Ilkeston for a calmer living area, making the area a shrewd investment opportunity for the rising region.
For further details call (0)20 8445 6542 or email email@example.com.
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