CROWN BUILDINGS
Crown Buildings is situated in St Helens, a large town in Merseyside. The building is just off the town centre and only 30 minutes by train to the centre of Liverpool.
HJ Collection is working with Northern construction partner, Empire Property Concepts, capitalising on Government 'permitted development' schemes in prime Northern locations.
A former local tax office that has been left empty for years. This site provides 55 one, and two-bed apartments finished to a high standard within the existing building space. It also includes the potential to add a further 57 new apartments to the scheme subject to planning, the end product could provide 112 new homes when complete.
The new build potential will add 57 one-bed apartments to the scheme, taking the residential figure to 112 high-end units available to rent in the town centre.
£1.74m
Purchase price
£5.5m
Development costs
£7.24m
Total project costs
£10.95m
Valuation (8% yield)
NOVEMBER UPDATE
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Metsec partition walls & plasterboard progressing well on all floors
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Progressing forming Metsec ceilings
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1st fix electrics & plumbing commenced
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Drainage works to Ground Floor area commenced
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Build on schedule
