Grade II-listed property in Edmund Street was most recently used as office space before being purchased by Delph Property Group from Bruntwood last year. Tony McDonough reports.
A new luxury residential development in Liverpool’s commercial district has seen more than 20% of its apartments snapped within a few days of coming to market.
Orleans House in Edmund Street, formerly a warehouse for the Cotton Exchange next door, was most recently used as office space before being purchased by Delph Property Group from Bruntwood.
The 71 apartments in the Grade II-listed building range from studios to three bedroom properties.
Richard Forman, head of sales and marketing at Delph Property Group, said, “Orleans House has been particularly popular with owner occupiers and investors looking to make the most of the strong capital growth opportunity and high potential rental yields of up to 7%.
“Over the past year, everyone involved has worked tirelessly to totally rejuvenate the property, while remaining true to its original features and historical importance within the city.
“We now have 71 high specification apartments with amazing communal areas which will offer accessible and affordable city centre living in the commercial district of Liverpool.”
Delph anticipates the building will be completely sold before work completes in mid-summer.
Interested buyers can visit the Orleans House marketing suite and show apartment which is open daily from 10am to 5pm.