21/06/2018 by Jason Guest
21 Apartments, Chester, sold in Less than a month...
IT’S not often in the world of investment property that you get to shout about your success stories, especially as an agent, but Residential Estates were so pleased with the speed and success of its latest sale in the centre of Chester, that it was worthy of a mention.
City Suites, 38 City Road, Chester is a commercial property recently acquired by the Ladson Group, to be developed, refurbished and restyled into 21 high specification apartments, ranging from studios, one and two bedrooms. Taking just slightly less than a month to sell all 21, Residential Estates is proud to have been the agent chosen by the Ladson Group to sell these apartments. Open for purchase to anyone, but aimed at property investors, the apartments are ideal for the buy to let market as they will be finished to a high standard,located on the same street as the train station, close to the canal and within a five minute short walk of the city centre itself. “Location, although a bit of a cliché, plays a huge part of what makes up an attractive investment opportunity,” said Michael Holliday, investment manager, Residential Estates. “Its not often that a development such as this becomes available in the Chester area, once we completed our research we jumped at that chance to work on behalf of the Ladson Group, and were incredibly keen to offer this fantastic development to our investor clients.” Michael went on to add: “The Ladson Group is a renowned, well established developer, whose developments are always finished to a high standard, and this coupled with the great location made it an easy choice to accept, though we were not expecting that on the first day of launching it to our clients we would sell half of the apartments.”
The remaining apartments were sold throughout the next three weeks, with the last apartment being reserved just little under a month from launch. The Ladson Group is a privately owned property development company, founded in 1980, and based in South Manchester. Its aim is to provide the highest standard of accommodation for both the residential and student sector throughout the UK. Currently they are working on a residential project in the heart of Preston, overlooking the well known and picturesque Winckley Square. Guy Ladson was extremely pleased with the uptake of the development and is happy to continue the relationship founded with Residential Estates.