FHP WATERSIDE LIVING – MARKET UPDATE

News

Steve Parker, Sales Director of FHP Waterside Living, said “Despite the uncertainty over Brexit the “Waterside Living” market remains robust.

We are marketing a number of Prime Waterside Sites along the River and all are selling well.  Each brings something different, but all bring the huge benefits of living by the River in terms of lifestyle and well being.”

At Trent Basin, the first Waterside Development on Site for a long time in Nottingham, all 43 properties in Phase 1 are sold and lived in, whilst 18 of 31 units of Phase 2 are sold – Prices range from £200,000 to £495,000 with Phase 3 currently being planned.

At The Yacht Club opposite, 46 of the 81 Apartments are reserved, with completion planned for Summer 2020, at prices from £230,000 to £750,000.

Adjacent is the recently started Pelham Waterside where 40 Houses and 23 Apartments will be developed at prices ranging from £270,000 to £330,000.  Phase 1 is due for completion in December 2019/January 2020, with 6 of the 12 properties available under offer.

The most high profile development is The Waterside Apartments where 121 Apartments will be developed on the corner of Trent Bridge. Of the 121 Apartments, 39 will be rented out through FHP Living, with 58 Apartments reserved of the remaining 82.  Prices range from £180,000 to £695,000.

The most recent development to start on site is Trent Bridge Quays with its 100 meter River frontage, which will provide 74 Apartments and 21 Houses.  Of Phase 1 of 39 Apartments and Houses which will be complete in Summer 2020, 6 have been reserved in the first month.  Prices range from £165,000 to £535,000.

David Hargreaves of FHP / FHP Living said: “We have more than £125 million of development on site at present which is great for the Nottingham economy as a whole and which is finally putting Nottingham on the map for Waterside Living.”

 

End

November 2019

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