Delph Property Group celebrates sales success with Liverpool scheme Orleans House
The company behind Liverpool’s latest residential development, Orleans House, is celebrating after seeing apartments at the city centre scheme fly off the market.
The site’s owner, Delph Property Group, said more than 20% of the homes were snapped up by buyers within the first three days of going up for sale.
Orleans House is located on Edmund Street and once served as a warehouse for the Cotton Exchange.
More recently, the property was used as offices before being acquired by Delph, which transformed the space into 71 apartments ranging from studios to three-bedroom homes.
Delph Property Group head of sales and marketing, Richard Forman, said: “With increasing demand for residential property in this part of Liverpool city centre, Orleans House has been particularly popular with owner occupiers wanting to live in this excellent part of the city 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, whilst remaining true to its original features and historical importance within the city.”
He added: “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 Property Group has forecast that all homes at Orleans House will have sold before work on the property is complete this summer.
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