New Instruction for Eddisons Liverpool Agency Team
Eddisons have been instructed to market a 70-apartment scheme in Liverpool following the collapse of Pinnacle Residential Liverpool.
Less than a month after the firm collapsed, administrators instructed the Eddisons Liverpool Agency team to put one of the failed developer’s projects on the market.
The upper floors of Victoria House on James Street were set to be converted into more than 70 apartments. The developer had already sold a number of the apartments off-plan, with studios priced from £66,250; one-bed flats priced from £84,610; and two-bedroom flats priced from £161,400. Around 40 of these were sold to investors, at a combined cost of £2.2m.
Victoria House is a landmark city centre property in the heart of Liverpool, so a high level of enquiries from investors and other potential buyers is anticipated.
The Eddisons Agency team operates across the UK, with offices in Liverpool, Manchester, Bradford, Leeds and London. The experienced team has a strong track record in acquiring, selling and letting a wide variety of commercial property including office blocks, industrial buildings and student accommodation.
Written by: Robert Diggle on Wednesday 09/05/2018