Property Project Update.

Posted :
January 16, 2020
Posted :
Deklan Van De Laarschot
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79th Luxury Living January 2020 Property Project Update.

  1. Hotel with recording studios and serviced offices. This is a famous landmark building in Liverpool City Centre in need of renovation and development. Its current rental yield is 14% to be increased to 25% with new food and hotel operators. The site will also be developed into further serviced offices and 25 apartments and the council planners are positive with our planning proposal and are indicating a government grant is available if needed.
  2. A large bungalow positioned on a sizable plot of land in Formby Merseyside, located in a  affluent town attracting high net worths and professional footballers. This property is local to our Kirklake Road development with the plot being developed into 4 or 5 luxury dwellings with a purchase price of £950,000 with a net profit of circa £2.5m.
  3. Manchester City centre commercial and residential project being sold by bank receivers priced at £2.2m with a current yield of 26%. The project has 2 empty commercial units and once let the yield will increase to circa 34%.
  4. A small block of residential units direct from a bank receiver in a superb area of London.
  5. 20 acres of land with planning permission for 100+ houses in Merseyside.
  6. Full engagement and reservation on our Leeds tower project for 200 apartments valued at 2m with as purchase price of 500k. We are working with City planners on this as they want the site developed in its regeneration area giving a projected profit of £5-7m

If you would like more information on any of our property projects then please don’t hesitate to Contact Us today.

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