Admirals Quay development attracting investors and tenants

Thu 09 Oct 2014

Southampton’s landmark development Admirals Quay, in the heart of Ocean Village, has been popular with investor landlords and tenants since its launch in February this year.

Ocean Village property specialist, Leaders - which has been chosen as the lead agent by developers Allied Developments and is working in partnership with sales agent Savills - has been inundated with enquiries from investors looking for good buy-to-let opportunities and from prospective tenants wanting to enjoy the many benefits of living in Admirals Quay.

The development offers luxury and contemporary apartments with stunning views, a resident’s gym, concierge service and undercroft parking - all within a vibrant waterfront setting close to Southampton city centre.

Leaders’ Branch Manager, Paula Wilkin, says: “Admirals Quay is set to be the first choice for accommodation in Ocean Village for both long and short term tenancies for many years to come. The latest phase of the development, the stunning 26 storey Moresby Tower which is the tallest residential building in Southampton, launched recently and, as with earlier phases, there is huge interest in the apartments.

“With no shortage of people wanting to secure a home in Admirals Quay, the development ticks all the boxes for investor landlords looking for an investment that will provide both a stable rental income and capital growth opportunities.

“Admirals Quay makes a very viable and exciting investment proposition. Demand for this type of quality accommodation from corporate and professional tenants has been high for many years. With Southampton’s £3 billion investment plan aiming to produce 24,000 new jobs in the City by 2030, demand is likely to rise.

“We are delighted to be working with landlords to help them make the best of the opportunities that Admirals Quay has to offer over the coming months and years,” said Paula.

Leaders’ knowledge of the market within Ocean Village is second to none. They have been specialising in property here for more than 15 years and consistently achieve the best rents for their clients due to their reputation and their long-standing links with corporate customers.

The last block in the development is due for completion in April 2015 which coincides with a very busy period for the lettings market. Leaders expect the apartments to sell and let quickly.

For advice you can trust on all aspects of letting, renting or buy-to-let in Ocean Village please contact Leaders on 02380 632288; email oceanvillage@leaders.co.uk or pop in for a chat with the friendly team at Canute Castle, Canute Road, SO14 3FH. For more information please visit www.leaders.co.uk.