Description

A restored and converted building relating to the former Fletcher’s Mill dating from 1886, Erewash Works is a conversion apartment block which will comprise of 14 generously sized, self-contained 1, 2 and 3 bed apartments.

Local expert knowledge of the housing market has determined that the block is competitively priced in an area in much need of new housing to keep up with increasing demand. The
development is therefore well positioned to appeal to the growing numbers of young professionals working in the surrounding locale who are seeking attractive yet affordable rental properties, prior to getting a first foot on the property ladder themselves.

Leading Estate Agents in Ilkeston have evaluated the development and confirmed that there is likely to be much interest generated in this property stock for rental. It is anticipated that the apartments will lease very quickly in an area where the average tenancy is in excess of two years.