Developer ‘completely committed’ to Nottingham market as luxury apartments work continues
Construction works are “progressing well” on The Yacht Club – the 81-home development on the banks of the river Trent, according to Leeds-based developer KMRE Group.
The scheme which is made up of one- two- and three-bedroom apartments is being marketed by Steve Parker and Joe Hargreaves of FHP Living, who report that over 40% of the flats have been sold.
Construction works on the three standalone buildings involve a phased completion, with the first practical completion in March 2021, and a full handover of the site expected by summer 2021.
Kam Mogul, managing director at KMRE Group, said: “We are extremely proud to be delivering this flagship residential scheme, providing the finest quality spacious homes, many with panoramic views of the River Trent, in an idyllic waterside location.
“These homes boast unrivalled picturesque views of the water and the tranquil Hook nature reserve in Lady Bay, and are a pivotal part of the ongoing waterfront regeneration on the banks of the River Trent, offering a premium waterside living experience with a community feel, that really connects you with nature.
“During these challenging times, we remain completely committed to the Nottingham market and construction works at The Yacht Club are progressing on track, with the show home due to open in the next few weeks for appointments with interested buyers.”
“This is the first of our landmark Southern Gateway developments in Nottingham, which also includes the 62-apartment Hindle House residential scheme.”
Steve Parker, director at the selling agent, FHP Living, said: “With stunning waterside views, in a serene yet central location, The Yacht Club will provide the ultimate waterside lifestyle.
“The development is in a great location on the banks of the river Trent and is within walking distance of local amenities, including East Point Retail Park – which includes an Aldi and Costa Coffee – and the beautiful Colwick Country Park. Within just five minutes’ drive is Victoria Retail Park, which boasts an M&S Foodhall, Next, Boots and many other popular retailers.”
Fellow director at FHP Living, David Hargreaves, said: “We are pleased to see how quickly the building works are now progressing, particularly through these difficult times of lockdown. Now more than ever people are looking for homes close to nature, with outside space and scope to work from home, and being on the banks of the river, there is an abundance of nature on your doorstep at The Yacht Club.
“The development is a welcome addition to the Riverside area and the team at FHP Living are looking forward to showing potential owner occupiers and investors around the new show suite shortly.”