Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

NEWS

SOUTHAMPTON DEVELOPMENT CONTINUES TO EXCITE LOCAL INVESTORS

Southampton development continues to excite local investors

Interest in Centenary Quay, Woolston continues to grow as investors reap rewards

Southampton regeneration development, Centenary Quay in Woolston, is continuing to excite investors as Southampton’s position as a UK rental hotspot grows. Richard Fowler, Director, Lettings Direct, has spoken out in support of the Woolston developments’ offering to would be investors.

According to industry experts Southampton is expected to have one of the fastest growing property markets in the UK over the next five years*, and offers one of the highest rental yields in the country according to new data**.

Located on the banks of the River Itchen, Centenary Quay has transformed the Woolston area in Southampton from a disused stretch of riverside into a bustling residential community. Comprised of stylish, contemporary new one, two and three bedroom homes finished to high specification, the development offers investors a low-maintenance investment thanks to Crest Nicholson’s two-year warranty and 10-year NHBC warranty.

Speaking about Centenary Quay and the Southampton rental market, Richard Fowler, Director, Lettings Direct, explained: “Centenary Quay has never failed to disappoint investors offering great yields and minimal void periods. As one of the leading Letting Agents in Southampton we work with most of the blocks of flats in Southampton, but nothing really excites us as much as Centenary Quay – it’s one of the most sought after new developments we have had for a very long time.

“The development boasts large room sizes, balconies, parking and water views with most apartments and this combined with the extremely high level of finish has made it extremely popular with a wide range of tenants, from young professionals to retired couples and company lets to corporate relocations, it is one of the most diverse developments we know.

“As an experienced property investor myself, Centenary Quay ticks all the boxes as it offers very good yields, minimal void periods and excellent capital growth prospects with a development that has still plenty of exciting phases in the coming years, including a range of retail and restaurant outlets – it really has put Woolston on the map.”

Susan Young, Sales and Marketing Director at Crest Nicholson, said: “We are delighted that Centenary Quay is receiving positive backing from a number of local experts, including Richard Fowler at Lettings Direct. The multi-million pound investment in Centenary Quay has completely rejuvenated the waterside location and provided residents with breath-taking views, a central location and access to traffic-free riverside walkways. With this combination, it is no surprise the development is proving popular for both homeowners and renters.

“In 2016, shops, cafes, bars, restaurants and a new supermarket are due to open on site, which will only increase appeal amongst those looking for the ultimate waterside destination in Southampton.”

Existing buy-to-let investors in Centenary Quay currently receive gross rental yields of up to 6.1%. Three bedrooms are currently available in the Austen apartments, part of the Merdian Circus complex, which surround the retail hub of Centenary Quay.

Centenary Quay currently has a selection of one and two bedroom apartments available starting from £158,000. For more information, please contact the Sales & Marketing Suite at Austen Heights, Centenary Plaza, Southampton SO19 9UE on 0870 758 0432 or visit www.centenaryquay.com.

Continue Reading