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Double sales success for Plymouth’s Millbay

CGI of apartment building

Plymouth’s Millbay regeneration scheme is celebrating double success with its second phase of residential development fully sold and more than half of the first release of homes in the latest phase already snapped up off-plan.

As a result of the demand, Millbay’s lead developer English Cities Fund (ECf) is bringing forward the second release of homes at Quadrant Quay.

Quadrant Quay is the latest phase in the transformation of the historic Millbay docks into a vibrant new coastal quarter for Plymouth. The 102 home development includes a selection of one and two bedroom apartments, two and three bedroom split-level homes and three and four bedroom townhouses – offering the benefits of waterfront living, yet just a few minutes’ walk from Plymouth’s city centre.

Located on Millbay’s former East Quay docks, Quadrant Quay follows on from the multi-award-winning first major development, Cargo, and the popular Cargo 2 which have spearheaded Millbay’s regeneration and set a benchmark for high quality.

The latest release of homes at Quadrant Quay includes one and two bedroom apartments and two bedroom penthouses, with prices starting at £132,950

The last 18 months have seen Millbay’s transformation really gathering pace, including the recent opening of the stylish King Point Marina which has brought maritime activity back to Millbay’s refurbished historic inner harbour.

Pauline Sangster, Senior Residential Sales and Marketing Manager for ECf, said: “There is a growing interest and confidence in the future of Millbay and this is reflected in the success of Cargo 2, where we’re delighted to report that the sale of the last property has just been completed, and the overwhelming demand we’ve seen for our latest development at Quadrant Quay.”

Quadrant Quay will be a stunning addition to Millbay, featuring contemporary architecture designed to be light and airy. Internal specifications will be to the high standard now associated with ECf, and will include contemporary high gloss kitchens by Symphony, with many properties benefitting from a balcony or terrace and parking.

Focused around the historic former docks built by the acclaimed Victorian engineer Isambard Kingdom Brunel, Millbay is one of the top regeneration projects in the UK and will feature an exciting mix of residential, leisure, business and retail development, with high quality public spaces and direct access to the waterfront.

ECf is a public-private regeneration partnership between the Homes and Communities Agency, Muse Developments and Legal and General.

With the new marina at its heart and the brand new school campus for Plymouth School of Creative Arts nearby, Millbay is set to be a diverse and thriving community and one of the most sought-after areas in the city to live, work and play.

Completions for Quadrant Quay’s 102 homes are anticipated to commence in late 2014.