The first apartments on a luxury residential development have been sold, with tenants moving in shortly.
Work on the Yacht Club, on the banks of the River Trent between Colwick and West Bridgford, continues to progress, says the developer.
Leeds-based KMRE Group said the 81-home waterfront scheme – which will be known by residents as Yacht Club Place – is located off Trent Lane, in an area that is undergoing significant transformation to create community.
Almost two-thirds of the apartments in the first phase have been sold and the largest out of the three apartment blocks, Block C, is set to complete in the coming days.
The remaining two blocks – Block A and Block B, are set to complete within the next few weeks.
The scheme has one, two and three-bedroom apartments, as well as penthouses, with prices starting from £300,000.
All the homes are river-facing, with their own private balcony or terrace.
A new cycle and pedestrian bridge, known as the Waterside Bridge, is also proposed for the area with a planning application due to be submitted to Nottingham City Council and Rushcliffe Borough Council – it would be the first bridge to be built over the River Trent in more than 60 years.
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Julia Day, sales and development progression manager at KMRE Group, said: “As our first residential development in Nottinghamshire, we are pleased to be investing in the area – contributing to the ongoing regeneration of the waterside and bringing high quality and unique desirable new homes to the city.
“The apartments have been particularly popular with young professionals and downsizers - those who want a taste of city living with convenient amenities nearby, as well as access to open spaces and the countryside in a tranquil location.
“The apartments are spacious but also sleek and simple, so easy for second homeowners or holiday-goers to lock up and leave, knowing their home will be safe and secure whilst they’re away. Given that travel companies are reporting a ‘summer boom’ is on the way with a surge of holiday bookings as Covid restrictions lift*, that might prove to be a real selling point for prospective buyers.”
Jules Hunt, director at The Yacht Club’s joint selling agent FHP Living, said: “Homebuyers are searching for a higher quality of living and a balance between city life and access to nature – a trend that we have seen increase post-lockdown as workplace and travel routines change.
“Providing an exclusive waterside lifestyle, The Yacht Club is ideally located close to the city centre, green spaces and local amenities and places of interest, including East Point Retail Park, Colwick Country Park and Holme Pierrepont.
“These modern, spacious and contemporary homes provide uninterrupted views across the river and The Hook nature reserve, in an area of Nottingham that is undergoing an exciting transformation – creating new neighbourhoods along the banks of the River Trent.”
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