Journal
First phase completion marks milestone for Trent Bridge Quays
The wraps are now off the first completed block of apartments and townhouses at Trent Bridge Quays, Elevate Property Group’s luxury waterside development in Nottingham.
Elevate Property Group is currently constructing 95 townhouses and apartments on the banks of the River Trent and over 75% of the first release of 38 properties has already been sold.
Construction has been slowed by the safety and social distancing requirements of the Covid-19 epidemic but now Elevate Property Group expects to take possession of another block each month throughout the summer of 2021. Indeed, the first apartment block is now fully occupied. The first five townhouses, which have also just reached completion, have all sold with the first residents having moved in.
An impressive new marketing suite is now available to visit by appointment, as is the brand new three bedroomed town house show home and one bed show apartment, already completed.
A new micro-site at www.trent-bridge-quays.co.uk has been created to give a real insight into what buyers can expect and estate agents Savills have been brought in, alongside local agents FHP, to spread the word regionally and nationally on what Trent Bridge Quays has to offer.
David Hofton, sales and marketing director of Elevate Property Group, said: “The pandemic has slowed all commercial sectors but we have continued to make progress and, with all safety measures in place, hope to be able to take buyers on to the balconies and roof terraces of the riverside apartments in the next couple of weeks.
“Now that buyers can see Trent Bridge Quays edging closer to completion, there is a real buzz about the development and interest levels are extremely high.
“The pandemic has focused our attention not just on our living space, but also the space outside and the neighbouring environment.
“Waterside living provides a peaceful setting with ever changing views and Trent Bridge Quays’ unique position provides plentiful exercise options both on the river and at nearby sporting facilities.
“All the apartments fronting the River Trent have balconies and the views in each direction are amazing.”
“Couple this with historically low interest rates, plus the luxury spec that buyers can expect at Trent Bridge Quays, and it all combines into a very attractive prospect, whether you are a first time or family buyer, a downsizer or investor.”
Joe Shorney, head of residential development in the Midlands at Savills, said: “We are very excited and proud to be acting as joint agents for this magnificent development in the heart of a city that has the seventh-largest economy in the UK and one that is projected to grow 14.8% by 2027.
“Trent Bridge Quays has already attracted significant interest and it is easy to see why, with such stunning riverside views within a peaceful setting yet being within easy reach of the city centre, West Bridgford and transport links. Our sentiment surveys have shown that high quality outside amenity space and well-being are now of particular importance to buyers as a result of Covid-19. Trent Bridge Quays is well placed to meet this demand.
“Nottingham continues to reposition itself with an enhanced profile on a regional, national and international stage. As well as attracting the second-highest average rental yield (5.6%) in the country, Nottingham also represents good value, with house prices 46% lower than the average across England and Wales and an expected price growth of 22.6% over a 5 year period to 2024.
“The completion of the first phase for Trent Bridge Quays will only enhance the city’s appeal which has seen incredible robust pent up demand.”
Prices start at £192,500 for a one-bedroom luxury apartment and from £345,000 for a townhouse with three double bedrooms and garden, or a two-bedroom waterside apartment with balcony and river views.
Joint agents are Savills Residential Sales on 0121 200 4567 and FHP New Homes and Waterside Living on 0115 841 1155.
