Luxury £25m riverside development reaches milestone
A LUXURY new homes development, where apartments start at £300,000 and have private balconies or terraces, has recently reached a milestone.
Nearly half of all the riverside apartments at The Yacht Club have been bought.
When complete, the £25m project will be an 81-home development.
Kam Mogul is a director at KMRE Group Ltd, the development company behind the scheme.
He said: “We are incredibly pleased to see works at The Yacht Club progressing at pace – Block C is a few weeks away from being finished and we are looking forward to seeing the new residents move into their waterside homes.”
The site, which is south of Trent Lane in Nottingham is 45% sold.
Kam said: “We’re very proud to be investing in new homes in Nottingham – a city on the rise, with burgeoning waterside developments opening up new neighbourhoods and connecting areas around the River Trent to the rest of the city and beyond.
“The Yacht Club is an exclusive scheme that has been designed with the benefits of living by the water’s edge and the location’s tranquillity in mind; the spectacular views, the peaceful flowing river and the modern, spacious apartments make this a wonderful place to live.”
One, two and three-bedroom apartments are being built at the development, including penthouses.
Kam said: “The development’s secluded location is a unique one – there is no passing traffic and you are surrounded by nature, but it is by no means disconnected from the rest of the city. Nottingham city centre and train station are just a 25-minute walk away – as is the affluent West Bridgford area and its many independent shops, bars and restaurants.”
The development is on the edge of Colwick and Sneinton as you head towards the city centre following the path of the River Trent.
Block C is the first of the development’s three blocks and is now nearing completion with new residents expected to move in by the end of the year, as the rest of the site continues to take shape.
There are 39 apartments and four penthouses in this section of the development. All terraces and internal communal areas are now finished, and a new riverside pathway has also been formed for residents and the public to use, connecting to the area’s wider network of cycling and footpaths around the river.
The Yacht Club is one of a number of new residential schemes being built alongside the River Trent, in what is known as Nottingham’s waterside regeneration area.
A £320,000 two-bed show apartment is currently available to view through either of the development’s selling agents - FHP Living or William H Brown.