Savvy landlords searching for a promising investment should look no further than Crest Nicholson’s Centenary Quay development in Woolston, Southampton. Having now launched its third phase, Centenary Quay has a plethora of tempting new properties on offer to entice potential buyers and there are fantastic rental yields to match.
The recent influx of new business and development projects within the city makes Southampton an ever more appealing destination for young professionals. In a prime location just outside the city centre, Centenary Quay offers an ideal opportunity for landlords to take advantage of this market trend and promises to be and ideal addition to anyone’s property portfolio, with investors achieving up to 5.9% rental yields.
The newly built one bedroom apartments are the perfect low-maintenance option for landlords and young professionals alike and many come with parking. Plus, with a two-year Crest Nicholson warranty and 10-year NHBC warranty, costs can be kept at a minimum.
The apartments feature a spacious open-plan kitchen, dining and living room, and most have their own private space in the form of a balcony. These qualities combined make the Centenary Quay apartments the perfect choice for professionals looking for a stylish abode to rent within easy reach of Southampton city centre.
Susan Young, Sales & Marketing Director, Crest Nicholson Regeneration, commented: “Anyone who visits Centenary Quay will quickly see that these apartments are a sound investment and, as a result, we’ve had both first time investors and those with existing portfolios purchasing apartments here. What’s more, our existing owners have already seen a capital growth of more than 17% and with shops, restaurants and bars to come, they are only set to rise further.”
Prices at Centenary Quay start from £150,000 for a one bedroom apartment. For more information, please contact the Sales & Marketing Suite, off Victoria Road, Woolston, Southampton SO19 9EG on 0870 758 0432.