Gainsborough, Lincolnshire - 24% Discount - One unit re-available
24% Discount - Unit 11 re-available
This opportunity was sold out within 48 hrs in May, but one client has had to pull out due to personal circumstances.
Development Overview
Property Type: 1 & 2 bed Apartments
Ready Now
Discount: Huge 24%
Assignable Contracts
Shared Freehold
Gross Price Range: £124,950
Net Price Range: £94,962
Rental Evaluation: £450-£475
Gross RICS Valuation -
STAMP DUTY EXEMPT
“Massive Regeneration Area. £200 million programme” Capital growth Potential
1st Choice Property Investments Ltd have secured a selection of 1 & 2 bed Apartments in a fantastic capital growth region of Lincolnshire. We are offering 10 units altogether.
There is a huge regeneration programme going on at the moment in Gainsborough. Our partners were astute enough with an earlier development in Gainsborough and we have followed it up with another fantastic investment opportunity. Parking included and units starting from a net price of £82,959. Carpets are included plus oven hob and extractor, fridge freezer and washer dryer. Apart from curtains or blinds, they will be ready on completion. Great potential for CAPITAL GROWTH, an area set to boom with the plans and current change in infrastructure. Low capital entry for an investor, NO Stamp duty, all your carpets and appliances, town centre location, regeneration area, 24% discount, units below £100k. Is it ticking all the right boxes?
Investment procedure
The payment schedule for your chosen property is made in 2 stages:
1 Reservation Fee Required immediately £1000. To be sent to 1st Choice Property Investments Ltd with Reservation Form by first class post recorded delivery.
2 2% Arrangement Fee based on gross market value payable on reservation or no less than 7 days before Exchange.
You will be required to use our solicitor for this investment.
Email or call 1st Choice Property Investments Ltd to reserve your plot TODAY.
Click here to see the pricelist.
Click here to see the floorplans.
Research About the local Area
Lincolnshire is England’s fourth largest county, covering an area of 5,921 square kilometres. The county population is currently 650,000 and the population growth rate for the period 1991 to 2001 was 9.9%, which is 2.6% greater than the national average. Gainsborough, the administrative centre for West Lindsey is situated at the northern gateway to Lincolnshire. This traditional market town with a population of around 17,000 has a strong history of engineering and commerce.
Gainsborough is situated in the heart of West Lincolnshire and is going through a massive regeneration program.
Today, Gainsborough is a growing town, with an exciting new multi million pound investment, which has just opened called Marshalls Yard.
Key Investment Points
The £37 million mixed-use redevelopment Marshalls Yard will revitalise Gainsborough, bringing new life to this historic Lincolnshire market town. This will bring hundreds of new families into Gainsborough to live and to work. The proportion of affluent shoppers visiting Gainsborough will increase substantially.
This amount of investment will bring new life to this historic market town with 30,000 sqft of business space, 334 on site car parking spaces, 9 retail stores, 14 shopping units and 3 restaurants. Not to mention a new public library and a JJB fitness centre. Gainsborough's new retail park will bring in about 1,200 new jobs.
JJB Sport have signed up to take a 45,000 sq ft unit in the development for a ground floor health & fitness centre with swimming pool and a first floor retail store. Footwear retailer Brantano, one of Europe's largest footwear retailers with over 300 stores across Europe, also announced their intention to take a 5,000 sq ft unit on a 15-year lease. Allied Carpets have also become the latest retailer to sign up to take a unit of 6,000 sq ft on a 15-year lease. Wilkinsons's home supplies store has just also signed up for a big unit in development. They already have an established presence in Gainsborough and the move to a bigger store should firmly make Wilkinson's a major player in assisting with the regeneration. New Look and Marks & Spencer's have signed up - as well as Next for units on Marshall's Yard.
Gainsborough’s prime location on the picturesque River Trent and its close proximity to the Lincolnshire Worlds AONB together with the industrial heritage all indicate that Gainsborough has the potential to become a very desirable place in which to live, work and visit.
Location
Gainsborough is located between Doncaster and Lincoln on the A631. Nottingham and Lincoln are contributing to the evolution of Gainsborough.
Robin Hood Airport 20 minutes
Lincoln 35 Minutes
Retford 15 Minutes
Scunthorpe 36 Minutes
Doncaster 41 Minutes
Sheffield 60 Minutes
Car 20 minutes to A1
Air 20 minutes to New Robin Hood Airport
Train The East Coast mainline is only 15 minutes away at Retford; bringing London within 11⁄2 hours journey time.
Specification
- Regeneration Area
- Parking Included
- Electric Heating
- PVCu double glazed windows
- White tiled bathroom with shower
- Smoke Detector
- Carpets included
- Oven Hob & Extractor
- Washer Dryer & Fridge Freezer
- TV and telephone points
- Shaver point to bathroom & en suite
- 10 Year Building Warranty
|
