Monk Estates is looking to sell its Lace Market Point stabilised build-to-rent scheme in Nottingham, inviting offers in excess of £23m.
The developer has appointed Knight Frank to market the 91-home scheme.
Lace Market Point comprises two buildings, of four and nine storeys in height, providing 57 one-bedroom and 34 two-bedroom homes.
The scheme includes resident amenities such as a gym and yoga room; large landscaped courtyard and roof terrace; EV charging points and a communal electric car; and on-site bar and café. There is also 2,755 sq ft of commercial space on the ground floor.
The development is located in the Lace Market district of Nottingham city centre.
Harrison Collins, a partner in the residential investment team at Knight Frank said: “The asset is exceptionally well-located in a vibrant city centre district with excellent transport, retail and leisure amenities on the development’s doorstep.
“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.”
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