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Nearly half of the apartments at Liverpool’s West Tower have been sold within just weeks of the the new owners re-launch.
London-based Delph Property Group, which invests in prestige residential properties, acquired the freehold to the landmark tower from Grant Thornton in December 2012, after its developer Beetham collapsed into administration with just 17 of the 123 apartments sold. The investment is Delph’s first in the north of England.
Delph has announced that it has agreed 43 sales since the start of January, making this development one of the fastest selling in the history of Liverpool’s city centre residential market.
The firm said the 40-storey building’s luxury two-bedroom apartments, which are on the market from £130,000, have proved particularly popular with current tenants, as well as owner occupiers and investors looking to capitalise on Liverpool’s thriving rental market.
The company is currently refurbishing the apartments to an as new condition and improving and updating the building’s common areas.
As a sales incentive Delph is offering to pay the stamp duty tax for anybody looking to purchase in the next month.
West Tower was completed in 2007 and boasts views across the city, over the Mersey to the Wirral and as far as Blackpool on a clear day. The building’s 34th floor is home to the Panoramic – Britain’s highest restaurant.
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