The Glassworks in Nottingham is offering potential buyers a selection of twenty seven luxury loft style apartments spread over three floors set within an historic beautiful former 19th century mill building in the centre of Nottingham.
The Glassworks offer a unique opportunity to secure a luxury loft style apartment in a desirable area for well under the UK national average flat price and an area in demand for young professional tenants resulting in rental yields of circa 6%.
The Glassworks apartments are very centrally located being only a 2-minute walk from Nottingham Central Station and a 5-minute walk to the city centre, The Glassworks is also ideally situated close to City Centre bars, shops & restaurants as well as up & coming Island Business Quarter.
The Glassworks is set to take advantage of Nottingham’s thriving rental market with 13% growth in rental yield’s experienced in the area between 2021 and 2022
Nottingham has seen high capital growth to other parts of the UK according to Zoopla, with an average increase of 3.9% with a 10.7% increase in house prices between 2021 and 2022, the highest increase across the country.
Nottingham is the 9th largest city in the UK and the largest in the East Midlands region with a population just shy of 332,000. Brimming with history (the home of the Robin Hood legend), culture, and entertainment, it has been named one of the best cities to live in across the UK. The economy is the 7th largest in the UK worth £55 billion and is ranked as a global city by the Globalization and World Cities Research Network.
Nottingham is also an important centre for sports, the city plays host to 2 of the world’s oldest football clubs Nottingham Forest and Notts County and Nottingham Rugby Club who play in the English second division. Dubbed the ‘Home of English Sport’, The National Ice Centre, Holme Pierrepont National Water Sports Centre and Trent Bridge international cricket ground are all based in and around the city, with the vast majority a stone’s throw from The Glassworks.