Lace Market Point, developed by Nottingham based real estate developers Monk Estates, is one of Nottingham’s first stabilised Build to Rent schemes to go on sale, in a city that is receiving a great amount of inward investment. Monk Estates have consulted property consultancy firm Knight Frank to bring the scheme to the market.
Located in the heart of Nottingham city centre, the Lace Market district is a lively hub for business and leisure, with a vast array of amenities, retail and transport links.
“With Nottingham seeing some of the highest rental growth of anywhere in the country, we are expecting extremely strong investor interest upon launching to market.”Harrison Collins, Partner in the Residential Investment team, Knight Frank
Lace Market Point combines the convenience and popularity of the local area, with the comfort and luxury of a modern Build to Rent development.
A purpose-built scheme standing at four and nine storeys in height, Lace Market Point comprises 91 apartments including 57 one-bedroom and 34 two-bedroom units.
“Lace Market Point provides investors with an unparalleled opportunity to acquire one of Nottingham’s first stabilised Build to Rent schemes. The asset is exceptionally well-located in a vibrant city centre district with excellent transport, retail, and leisure amenities all on the development’s doorstep.”Harrison Collins, Partner in the Residential Investment team, Knight Frank
Residents can enjoy a fully equipped gym and yoga room, a large, landscaped courtyard and roof terrace, EV charging points and a communal electric car, and an on-site bar and café. Ground floor commercial space spanning c.2,755 sq ft completes the offering.
The Lace Market Point scheme joins the Southern Gateway redevelopment and Island Quarter regeneration that are also set to create thousands of jobs and deliver hundreds of new homes, alongside major office, retail, leisure, F&B, transport and public realm improvements in Nottingham and other major cities across the country.