Tuesday, July 7, 2020

Nottingham agency reports surge in sales

May is the time to sell in Nottingham, with property sales “going through the roof” in the city centre according to an established agency in the city.

FHP Living says both affordable and high end properties are selling well thanks to the high yields investors can expect, with the agency experiencing a particular growth in the high end apartment market with properties in the £200,000 to £400,000 price bracket.

Joanna Hoyes, sales negotiator at FHP Living’s Weekday Cross office, said: “I have joined the city centre sales team at a particularly exciting time – as we have already completed seven sales in the last four weeks alone.

“The market is performing extremely well and our recent successes at the city centre office are as a result of this, with confidence growing in the market and those looking to invest recognising the strong yields properties in Nottingham can bring.

“Our agreed sales this month have ranged in price – from £108,000 up to £320,000 – and have been sold to a mixture of both investors and owner occupiers, showing a diverse, buoyant market which is only going to get stronger”.

Hoyes has worked at FHP Living for more than two years, having previously specialised in properties in the Park – working with Jason Cook – and is now working alongside Joe Hargreaves to promote the city centre to potential buyers.

She added: “We’re working on a couple of exciting new developments – including Wheeler Gate House, Hounds Gate House and The Hollows – which are all great news for the city. The market is as strong as ever but we’re always in need of more stock, providing the increasing number of people looking to move into the city with somewhere to invest or live.

“Particular pockets of interest include the Ropewalk and the Lace Market where properties are at the higher end of the market, appealing to people downsizing and those investing in professional lets.

“I’m very proud to have been promoted and support the city centre sales team and I would urge anyone interested in potentially selling their home to get in touch”.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Loughborough University in £1m project to prepare motorways for self-driving vehicles

A new £1m project will see Loughborough University team up with Highways England to ensure the country’s motorways can accommodate connected and autonomous vehicles...

New date for the 2020 East Midlands Bricks Awards

This year’s highly anticipated East Midlands Bricks Awards has now been rescheduled for Thursday 29th October 2020. The annual Bricks Awards attracts property and construction...

Industrial property company acquires four warehouse units

Stenprop, the UK multi-let industrial (MLI) property company, has acquired a further 43,500 sq ft of MLI property across four adjoining warehouse units in...

Job applications rise and competition intensifies

Competition for jobs has intensified as the lockdown eased with applications rising by 32% in June, according to a new market report. The report, from...

Business volumes fall at record pace in financial services

Business volumes in the financial services sector declined at the quickest rate on record, according to the latest CBI/PwC Financial Services Survey. Profitability and...

Related news

Nottingham business wins Dubai deal as countries scale up antibody screening and training

A Nottingham business which helps healthcare professionals to improve their skills in venepuncture and cannulation, has secured a major deal with Dubai-based Leader Healthcare. VeinTrain...

Loughborough University in £1m project to prepare motorways for self-driving vehicles

A new £1m project will see Loughborough University team up with Highways England to ensure the country’s motorways can accommodate connected and autonomous vehicles...

New date for the 2020 East Midlands Bricks Awards

This year’s highly anticipated East Midlands Bricks Awards has now been rescheduled for Thursday 29th October 2020. The annual Bricks Awards attracts property and construction...

Industrial property company acquires four warehouse units

Stenprop, the UK multi-let industrial (MLI) property company, has acquired a further 43,500 sq ft of MLI property across four adjoining warehouse units in...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close