Business

First look at luxury Water Street apartments

Striking new images reveal the impressive nature of the £22m residential apartment scheme coming to Water Street.

Reliance House, which is being delivered by Legacie Developments with its joint sales partner Ascot, comprises of 139 high-specification one, two and three bedroom apartments. The scheme – sold out before building work has even been completed – is set to provide a further boost to Liverpool city centre’s thriving rental sector.

Legacie Developments specialise in the sensitive conversion of historic buildings. Having operated in the North West for over 20 years, the firm has extensive experience in development and construction.

Meanwhile, the partner company working with Legacie to attract investment, has secured over £22m in intentional funding. Ascot Property Investments paired up with Legacie to help bring the project to fruition. The firm acts as agents for some of Britain’s biggest developers and, since launching in 2014, has quickly established a reputation as one of the leading players in the investment field after building a global funding network.

Whilst Reliance House’s unique location has proven popular for those seeking a city centre address, Ascot’s and Legacie’s presence can be firmly felt elsewhere in the Liverpool City Region. The companies have a number of other significant developments which they have attracted major investment for – helping to deliver urban regeneration across the region.

Speaking about Reliance House, Marie Campbell, from Legacie Developments, said: “The new images showcase the true extent of the high-end finish we have produced. The apartments are emblematic of our company’s true blueprint, which is all about the quality of a development. A lot of detailed planning has went into the scheme to ensure that not only is it right for the market, but it’s fitting for Liverpool and its regeneration ambitions. The residential development has proven popular with investors, first time buyers and those seeking to secure the first step on the property ladder.”

Ascot Property Investments Director, Stuart Howard, added: “We are delighted that the scheme is popular with overseas investors. Brand Liverpool is still so dominant on the world stage, and I think it’s important we sustain the current popularity with residential schemes like this if we are to deliver vital economic growth in the city over the next decade.”