Gleadells Wharf, Gainsborough
Gleadell’s Wharf is located in a fantastic and coveted location overlooking the River Trent in the popular and rapidly expanding Eastern Midlands market town of Gainsborough. Designated one of 20 UK ‘Housing Zones’ outside of London, Gainsborough will see an additional 7,000 homes built by 2036, increasing its population by 37%, and thus making it a major area of regeneration and new-build housing delivery.
Development Highlights
- Leasehold 999 years
- Gross Yields up to 6.2%
- Payment Plan: 20% upon exchange, 80% upon completion
- Completion/Handover: Q3 2025
- 64 units
- Riverside living
- Private outside space with some apartments and residents only roof terrace
- Major local employers including Ping, AMP Rose and Eminox
- Riverside Living: Views over the River Trent - England's third longest river and planned 200 berth Marina
Why invest in Gainsborough?
Gainsborough is one of 20 UK government-established Housing Zones designated to accelerate the provision of new housing in the UK. The town has been earmarked for the delivery of 7,000 new homes by 2036 which will see its population grow by over a third to 30,000.
New build properties in the town are commanding a rental premium of 41% above the market rate according to local agents.
Gainsborough’s status as a commuter town provides the ideal tenant pool; The University of Lincoln is only 18 miles away and other major local employers include Siemens Energy in Lincoln with 11,000 employees and British Steel with 3,449 employees. What’s more the town itself offers good employment opportunities as a centre of manufacturing and industry. Major employers located in the town include Eminox, AMP Rose, Ping European HQ and Hexadex.
Location
Gleadells Wharf, as the name suggests, enjoys a prime riverside position in the East Midland town of Gainsborough, overlooking the River Trent. The development is within easy walking distance of the town’s two rail stations, supermarkets and other local amenities and for drivers, offers easy access to the town’s main tributary roads. From the town the major cities of Lincoln, Sheffield and Doncaster are less than a 30-minute rail journey.
Education can be a key driver of micro-property markets and Gainsborough is renowned for its excellent state schools at both primary and secondary level, all within easy walking distance of the development, thus ensuring a good tenant pool for both working professionals and families.