8 Apr

Apartment boost for Leeds development

Apartment boost for Leeds development

Over 50 apartments have become occupied in the last eight weeks at a new residential development in Leeds, it has been revealed.

Landmark Development Projects and St James Securities bought up the apartments at Bridgewater Place owned by developer KW Linfoot - which has gone into liquidation – and in the two months since all 49 studios and one and two-bedroom apartments have been let, the Business Desk reports.

Furthermore, three apartments have been sold, including a top-floor penthouse.

Director of Landmark Development Projects Chris Gilman said the company remained "firm in our belief that faith will be restored in the residential market, with purchasers regaining confidence".

The strategy of converting apartments for rental purposes with refurbishments and a concierge service had helped bring about this "phenomenal success", he stated.

Bridgewater Place is a mixed-use development, which also has offices and restaurants as part of the complex, plus a basement car park with 400 spaces.

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