Regatta Quay - Exciting new development selling fast

Luxury apartments and penthouses at Regatta Quay, developed by City Living Developments (Ipswich) Ltd, are being snapped up after the first stage release last month.

Located at the heart of the Ipswich Waterfront the £84m scheme is the prime site and centrepiece of the waterfront regeneration and comprises apartments and penthouses totalling 215,000 sq ft together with some 40,000 sq ft of commercial space and a new theatre.

Regatta Quay is being built around an historic Victorian wet dock which is enjoying a renaissance as new restaurants, bars, marinas and homes spring up around it. There are striking new buildings alongside architectural gems like the Old Custom House. Building is expected to be finished in around two years.

There are 290 units in total, of which 30 are refurbished and the remainder are new build. The first stage release comprises 83 units of which 21 are already reserved. The next phase will be the refurbished units to be released very shortly.

The high spec luxurious apartments are priced within reach of the average buyer selling at between £128,000 for a studio to around £400,000 for a three bed roomed Penthouse Apartment with opulent ensuite, balcony and parking. Parking is one of the unique aspects of this development - Regatta Quay offers a new dimension in car parking - a revolutionary car stacking system that is both secure and accessible.

Graeme Whyte, Managing Director of City Living Developments (Ipswich) said, "Regatta Quay in Ipswich is very important to us - we see the town as having fantastic potential. It is centrally located in a very attractive area and is only an hour by train from Liverpool Street Station in the City. It has everything going for it"

Whyte continues, "We are very committed to development in the region - as well as the Ipswich scheme, we are working on two major projects in Norwich - Paper Mill Yard, a scheme of 180 apartments alongside the River Wensum, designed by award-winning architect Richard Hywel Evans, and the redevelopment of the former Ikon Night Club opposite the Cathedral being a conversion and new - build scheme of 17 apartments and a signature restaurant unit."

City Living apartments appeal to all kinds of buyers – and with Ipswich set to become a cultural centre with the biggest Dance Centre in the East of England as well as the new University Campus Suffolk, well appointed and located apartments are selling well.

Savills is the selling agent for the developments in Norwich and Ipswich and full-size show apartments are available to view 7-days a week between 10am - 5pm at both locations.

For more information on the City Living Development schemes in Ipswich and Norwich, visit citylivingproperty.co.uk.