Award-winning housebuilder Crest Nicholson is encouraging savvy investors to visit Centenary Quay, which is currently offering above average capital growth percentages for Southampton, itself one of the best performing investor hotspots in the country.
Recent LendInvest Buy-to-Let data shows that Southampton offers an impressive average yield of 4.08% with solid capital price growth of 5.47%. The city is home to Crest Nicholson’s Centenary Quay, which exceeds the average, currently providing an anticipated yield of over 5%.
Centenary Quay boasts a selection of stunning homes for a variety of buyer profiles, along with Mettricks coffee shop and a growing portfolio of restaurants on-site.
Richard Fowler, Director, Lettings Direct said: “We have been active in the Southampton market place for many years and have seen considerable development of the city and Southampton has become one of the UK’s best investment opportunities for buy-to-let property buyers, and rightly so.
“Centenary Quay has been the largest regeneration project the City has seen and offers some of the best investment opportunities in the region. Now into its 4th year, it has an excellent track record for equity growth and high rental yields.
“We have seen an increasing number of London buyers invest in the City as prices are more stable and entry level is substantially cheaper, making yields far more attractive.
Investor demand for Buy-to-Let properties are at their highest since the changes in stamp duty and investors are seeing returns of 5 – 6% as a much more attractive option than pensions or savings.”
Crest Nicholson’s Sales and Marketing Director, Marcus Evans, said: “Centenary Quay is well and truly on the map. The development is home to a vibrant waterside community of residents, and this year has seen the opening of a number of new businesses. Mettricks coffee shop, and restaurants Vospers and Supermarine have been great additions, and we’re very much looking forward to seeing Centenary Quay continue to establish itself in years to come.
“With so much going on at Centenary Quay, and Southampton more generally, it is little surprise that yields have been so strong.”
Homes at Centenary Quay continue to prove popular, and interested parties are encouraged to act quickly to avoid disappointment. For more information, please visit: https://www.crestnicholson.com/developments/centenary-quay/ or call the sales team on 02380441746