Southside is a fantastic development of built apartments each with its own allocated parking space, located in the heart of Ilkeston town centre, directly opposite the town hall and market square.
Each apartment in this new development has 10-year CRL warranty, and comprises a contemporary open plan living and dining space with high ceilings, and oversized windows (where possible). Recessed ceiling lights and stainless steel sockets have ben fitted throughout, with hard wood veneer flooring and blinds also installed. The modern fitted kitchens include integrated white goods and handleless cupboards.
As well as a great central location close to shops, bars and restaurants in the bustling town of Ilkeston, bus stops outside offer routes into Derby and Nottingham city centres, whilst a new train station which opened in 2017 provides travel times of just 13 minutes into Nottingham with services running every half an hour, making it ideal for commuting young professionals.
These apartments offer a rental yield some 2% higher than the average for the area, which has seen 25% house price growth in the last 5 years. Average sold prices for apartments near this postcode were over £10,000 more than the price we’ve secured on these units, making for an outstanding investment addition to any portfolio. (Source: PropertyData)
Located right by the M1 motorway – 10 miles east of Derby and 8 miles west of Nottingham – Ilkeston’s ideal positioning has made it a key location for corporate tenants and professionals from local employers Rolls Royce, Tarmac, Toyota and Bombardier.
Nearby Derby is one of the top 10 highest paid towns and cities in the UK according to the Office for National Statistics (ONS), and as the UK’s most central city, its strategic location has earned it a place in the Top 25 European Cities Overall, alongside major cities such as London (1st), Berlin (8th) and Paris (16th).
Derby’s population is expected to grow by 9.45% by 2028, with 21,300 new jobs being created and 2000 new city centre homes in the pipeline. £3.7 billion has been invested in the city since 2005 and a further £2.3 billion is in the pipeline for the next five years. More young professionals than ever are moving to the region, drawn by attractive job prospects and affordable living.
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.