Lakeside Penthouses is a limited collection of 42 studio and one-bedroom homes within landscaped private grounds on Electric Avenue. Positioned beside the River Leen, the development combines peaceful waterside surroundings with convenient access to central Nottingham.
The penthouse collection occupies the upper levels of Lakeside House and offers apartments ranging from approximately 39 to 59 sq. m., equivalent to approximately 420–635 sq. ft. Exact sizes, layouts, outlooks and occupancy classifications depend on the apartment selected.
Each home is designed around a contemporary living space with carefully selected flooring, integrated kitchen appliances and a modern bathroom. Large windows introduce natural light while selected apartments benefit from views across the landscaped grounds and surrounding area.
Bedroom areas feature contemporary carpeting, while other internal areas are finished with practical anti-slip flooring.
Each apartment includes a modern bathroom with a self-contained shower enclosure, adjustable shower head, contemporary WC, pedestal basin, chrome fittings, mirror, extractor fan and electric heated towel rail.
Residents will have access to an extensive collection of shared lifestyle and work facilities, including:
- 24-hour concierge service
- Residents’ gym
- Yoga studio
- Shared residents’ lounge
- Landscaped gardens
- Residents’ courtyard
- Communal workspace
- Private meeting rooms
- Cinema lounge
- Games room
- Gated access
- Secure cycle storage
- Lift access
- Professional block management
- Rentable storage spaces, subject to availability
- Parking available to purchase, subject to availability
The combination of social, wellness and working facilities is designed to support residents who want to live, work and relax within one development.
Lakeside House is approximately 1.9 miles from Nottingham city centre and approximately 1.5 miles from Nottingham railway station. Central Nottingham can be reached in around ten minutes by car, while the railway station is approximately seven minutes away, depending on traffic.
The University of Nottingham is approximately 0.5 miles from the development, providing convenient access for university employees, postgraduate students and buyers seeking a property near one of the city’s principal institutions.
The Queens Drive Park & Ride is approximately 0.25 miles away and provides regular Medilink bus services into central Nottingham. The A453 and nearby A52 also provide access to junctions 24–26 of the M1.
East Midlands Airport and M1 Junction 24 are approximately 12 miles away and may be reached in around 20 minutes by car, depending on traffic.
Nottingham is home to the University of Nottingham and Nottingham Trent University, with a combined population of more than 75,000 students. The city also offers established employment, retail, hospitality, cultural and leisure sectors.
For Nigerian and other international buyers, Lakeside Penthouses provides an opportunity to purchase a comparatively affordable UK property remotely. Buyers do not need a UK visa or residence permit to own property, although independent legal, mortgage and tax advice should be obtained before proceeding.
The developer advertises projected rental yields of up to approximately 7% and predicted capital growth of 16% by 2028. These figures are forecasts rather than guaranteed returns and should be independently assessed against the purchase price, achievable rent, service charge, management costs, taxes and periods without a tenant.
Flexible purchase arrangements are available, with advertised monthly payments from approximately £1,785 during the construction period. The precise reservation fee, exchange deposit, instalment schedule and balance payable at completion will depend on the apartment and payment plan selected.
Combining accessible entry prices, extensive resident amenities and convenient access to Nottingham’s universities and city centre, Lakeside Penthouses may suit first-time buyers, professionals and long-term property investors.
Contact MercyHomesUK to confirm current studio and one-bedroom availability, prices, floor plans, payment schedules, service charges and expected completion dates.
Prices, sizes, specifications, projected yields, predicted capital growth, service charges, payment plans and completion dates are subject to change. Rental income and property appreciation are not guaranteed. Images and computer-generated visuals are indicative only.
