Savvy investors can receive 6% rental yield; netting them a guaranteed income of £1,250 per month over the first 24 months
Investors can now secure a guaranteed rental income on three bedroom apartments as part of a new rental package launched by Crest Nicholson at its waterfront development, Centenary Quay in Woolston.
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 investor yields offer.
Investors in Centenary Quay’s three bedroom apartments will receive guaranteed rental income of £1,250 a month, secured through Lettings Direct.
Mary Timlin, Sales and Marketing Director at Crest Nicholson, said: “The multi-million-pound investment in Centenary Quay has completely regenerated the riverfront area. Its breath-taking views, central location and traffic-free riverside walkways have made it a very popular development for both homeowners and renters.
Richard Fowler, Director, Lettings Direct, commented: “Southampton has become one of the UK’s best investment opportunities for buy-to-let property buyers, and rightly so. The city is rich in culture, has excellent shopping and entertainment amenities, two world renowned universities and is less than two hours to London. The city offers not just fantastic rental opportunities and excellent yields but also strong capital appreciation. The guaranteed rental package offered on selected apartments coupled with the excellent build quality, Centenary Quay represents some of the best investment opportunities in the region.”