FHP offers unique living experience at Nottingham One
FHP Living has been appointed to sell 110 apartments at Nottingham One in the heart of the City Centre.
The £50 million development comprises 237 apartments in total, together with 55,000 sq ft of office space. It also includes two floors of underground car parking with 260 spaces and a 13-storey tower that sits on the banks of the canal, with spectacular views over the historic Lace Market.
David Hargreaves, a Director of FHP, said: “Work on Nottingham One will be completed early in the new year, providing an iconic new building and lifestyle experience in the city centre.
“It has everything going for it, including a waterside location, high specification build, a short walk to the tram and train station, as well as easy access to the retail and leisure offerings of the city. Combine this with the breathtaking views, and it’s easy to see why this is a one-off development.”
FHP Living is offering a variety of apartments at Nottingham One. Prices start at £80,000 for a studio apartment. Two-bedroom apartments are available from £135,000, whilst three-bedroom duplex penthouse apartments start from £225,000. All benefit from a secure entry system and the two and three-bedroom options come complete with a dedicated parking space.
Nottingham One has already proved popular, with 15 apartments currently under offer, including the only four-bedroom duplex penthouse apartment in the building, with arguably the largest balcony in the city centre.
David Hargreaves is not surprised that initial interest levels have been so high:
“Nottingham One has been built to a higher standard than any other apartment scheme in the city centre and with a large amount of glazing in each apartment and higher than average floor to ceiling heights, the effect is the creation of large, airy and spacious apartments, which will find favour with owner occupiers and investors alike.”
All of the apartments at Nottingham One are also available via the Government-backed Help to Buy scheme, which launched earlier this year. It means purchasers need to find just a 5% deposit and mortgage for 95%, available from many high street banks. An occupier could move into their new home at Nottingham One for approximately £5,000 and find that their monthly running costs, including ground rent, service charge and mortgage, are 30% less than they would pay in rent.
As Oliver Marshall, FHP Living selling agent for Nottingham One, points out, the development also holds a lot of potential for investors:
“As well as being attractive to owner occupiers, with benefits such as Help to Buy, Nottingham One offers a fantastic investment opportunity, with investors likely to see a return on the cash they invest of at least 8% when deposit accounts are less than 2%.”
For more information, visit nottingham-one.com.
