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”.