A modern residential building at golden hour, with balconies and warm brick and concrete detailing.

Building the South Coast's next generation of inner-city living

With design, sustainability and community at the core.
PV Developments delivers high-quality living space across the South Coast.
One considered approach across a broad portfolio.

4
major development programmes
3
year pipeline underway to deliver over 500 units in Portsmouth
2
build to rent models: co-living and PBSA
1
platform delivering them all

Who we are

PV Developments is a property development and asset manager with a portfolio of residential projects on the South Coast.

As a principal and owner manager, we address the complete programme from site assembly, planning and construction to operational management. Our focus is on the build to rent sector.

We invest our own capital alongside that of our investors, and also act as third-party construction and asset manager for other property owners.

Our approach

Inner-city by design

We focus on inner-city living models because Britain's urban centres already have what people need — the connectivity, the infrastructure and the established, recognisable communities where people actually want to live. We target obsolescent commercial and mixed-use urban assets to regenerate into new communities.

South Coast focus

Deep local knowledge of South Coast towns and cities lets us choose the right sites, design for real demand, and deliver homes that fit their place.

Platform-led delivery

Every scheme is delivered through one consistent platform — the same standards of design, quality and care, applied again and again. Not reinvented building by building.

Community living

Especially in co-living, we design for connection — shared spaces and a sense of community that make a building somewhere people genuinely want to live, not just rent.

High-rise expertise

Density in the inner-city means building upwards. We deliver high-rise residential, including managing the Government's new Gateway process that governs how tall buildings are consented, built and operated.

Portfolio

South Coast

Our team has a track record of delivering programmes across the South Coast.

Our immediate pipeline is in The Solent corridor with a wider pipeline across the region.

Portsmouth

A city where our current programme will deliver over 500 units of accommodation. A platform of distinct buildings, each with their own identity.

Aerial view of Portsmouth from the south, showing Portsea Island with the harbour and naval base to the west and Southsea seafront to the south.
Portsmouth from the south — Old Portsmouth and the harbour to the west, Southsea seafront to the south, and the University district at the centre of the island.

A city of national importance

Portsmouth is one of the UK's most strategically important cities. HM Naval Base Portsmouth anchors a wider ecosystem of defence employment, technical skills, maritime industry and mobile workforce demand.

Project Royal Oak, the Ministry of Defence's programme to rebuild the UK's three principal naval bases, commits approximately £26bn over ten years, of which around £3.9bn is already allocated to HM Naval Base Portsmouth.

For real estate, that strategic relevance supports durable demand for well-located accommodation serving students, apprentices, graduates, young professionals and the operational workforces linked to the city's naval, waterfront and wider economic base.

Our Portsmouth Programme

Two sites. Four ground-up developments.

  • CGI of The Invincible, a co-living building on Wickham Street, Portsmouth.
    Co-living Under construction

    The Invincible

    by PV Developments

    6 Wickham Street, Portsea, Portsmouth

    A landmark 12-storey, 76-unit purpose-built co-living development — the first of its kind in Hampshire. New build co-living studios for rent, pairing self-contained homes with 552m² of premium shared amenity: a sky lounge, library, co-working areas, gym, laundry and a games and media room.

    Sector
    Co-living
    Apartments
    76 studios
    Height
    12 storeys
    Delivery
    In-house
    • A 2 minute walk to Portsmouth Harbour rail and bus terminal
    • Adjacent to the Historic Naval Dockyard and HM Naval Base
    • Close to the city centre, Gunwharf Quays and the university
  • CGI of the Middle Street scheme, purpose-built student accommodation in Southsea, Portsmouth.
    Student Co-living Phase 1 under construction

    Middle Street

    by PV Developments

    Middle Street, Southsea, Portsmouth

    A three-phase programme running the length of the Middle Street block, at the heart of the University district. It brings two institutional living models into one micro-location — purpose-built student studios and co-living — with Phase 1 already on site.

    1. Phase 1 under construction 28 PBSA studios
    2. Phase 2 in planning 286 PBSA studios
    3. Phase 3 in planning 146 co-living studios
    Sector
    Student & co-living
    Apartments
    460 studios
    Programme
    Three phases
    Delivery
    In-house
    • 2–5 min walk to the University of Portsmouth
    • 5–8 min walk to the city centre

Further schemes in our pipeline will be announced as they progress.

Bright, modern shared co-living kitchen and social space with residents.

Co-living

Homes designed around community

Co-living combines the privacy of your own space with generous, beautifully designed shared amenity — kitchens, lounges, workspaces and social areas. It answers how people want to live now, and it sits at the heart of what we build.

Designed for connection

Shared spaces and a sense of community, not just rooms for rent.

All-inclusive ease

Simple, considered living with the essentials taken care of.

Central locations

Well-connected South Coast sites, close to work, study and transport.

Quality that lasts

Built to a high standard, designed to last the long term.

Aerial view of a restored coastal saltmarsh at golden hour.

Sustainability

A lighter footprint and a healthier coast

We believe development should leave the natural environment better off, not simply do less harm. As an early partner of EarthChange, we back nature-based solutions that restore and strengthen real habitats — not paper offsets.

It's already happening on the South Coast: saltmarsh restoration at Lymington and Itchenor is protecting coastlines, locking away carbon and bringing some of the region's most valuable ecosystems back to life.

Explore EarthChange

Team

Experienced developers who know this coast

PV Developments brings together complementary expertise across the full development lifecycle — backed by deep local market knowledge of the South Coast and the hands-on experience to take schemes from site to completion.

Tom Vail

Tom Vail

Managing Director

Phil Parnell

Phil Parnell

Development Director

Adrian Parnell

Adrian Parnell

Construction Director

Peter Vail

Peter Vail

Property Manager

Contact

Let’s talk

Whether you're a potential partner, a public-sector colleague or just want to know more about what we're building, we'd be glad to hear from you.

Investor and partnership enquiries are always welcome — please get in touch directly.