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1 min read

PAG progresses with luxury student accommodation scheme in Nottingham

2018 01 16 why invest manchester main

After having successfully catered to the rising demands and accommodation needs of students in Chester and Leicester, award winning developer, Property Alliance Group is proud to launch The Laceworks, a ‘studio only’ development of 222 high quality units with panoramic views over Nottingham.

The Laceworks development is a 7-storey building with the 7th floor set back to provide roof terrace access to many of the studios. Sizes range from 20 sqm to 46 sqm with several units offering 2 bedrooms to allow shared living. Each studio is designed to meet the current market demand for high quality accommodation, including; en-suite bathrooms, bespoke kitchens and separate living, study and sleeping areas.

Ideally located to benefit from both main university campuses and within easy walking distance to shops and restaurants, the Laceworks creates the perfect location for a luxury student residence.

David Russell, Chairman of Property Alliance Group said it is a truly exceptional standard of student accommodation yet to be available in Nottingham, putting quality at the heart.

The luxury development provides unrivalled amenities including; 24 hour reception, cycle storage, parcel delivery room, laundrette, group and individual study areas, double height “hotel style” reception, games zones, private dining room, mezzanine level quiet sector and “coffee shop style” social spaces.

With 100% occupancy in three student accommodation schemes, the Laceworks is the fourth addition to be made to the prestigious portfolio of developments from Property Alliance Group with net rental yields of up to 7.75% guaranteed over five years.

Investors can expect a hassle free investment with the property being fully managed for the buyer and 5% interest is paid upfront on all deposited funds. For more information on The Laceworks, please click here.

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Mallam Grant
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Conor Armstrong
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