One of our most striking developments is the Textile Building, a landmark Victorian building in Newark-On-Trent in the Midlands; 1h 21 mins from London King’s Cross and 20 miles from Nottingham. Presenting exceptionally good value with studios starting at £132,500, forecasting a 6.7% yield and only a 10% deposit needed to buy, these units are not only incredibly affordable – but the perfect marriage of period character with a modern luxury specification.
- 39 units: Studio, 1 and 2-bed apartments, duplexes, and penthouses.
- Tenure: 999-Year Leasehold.
- Incredible period warehouse- style apartments with 3.6m high ceilings.
- Newark Upon Trent was rated as one of the best places to live in the UK by The Sunday Times in 2021.
property
Location
Newark appeals to property investors for its location, growth potential, heritage, amenities, affordability, and quality of life. The Sunday Times has described Newark as “a lovely bustling market town” with a “growing independent shopping and dining scheme,” praising it for preserving historic architecture and its proximity to the countryside.
Located within the town’s conservation area, the development is a two-minute walk from a major supermarket and enjoys all the independent retail, cafes, bars, and restaurants that pepper the town center. Newark is famed for its transport connections, regarded as the center of the UK, particularly its rail and road networks. Newark North Gate is connected to London King’s Cross in only 81 mins via the East Coast train line that connects major cities, including Edinburgh, to London.