Member Article

Blueoak realise £14m sales as four major NW developments sell out

Blueoak Estates, developer of luxury, sustainable homes across the North West, has announced a complete sell out of its latest four developments, representing an overall sales value of £14 million.

Sandstone House in Heswall, Wirral, a ‘rightsizer’ development, has seen its six luxury apartments snapped up whilst a second Wirral based ‘rightsizer’ development also saw rapid sell out success. Carrington House on Brimstage Road in Heswall, includes eight luxury two and three bedroom apartments, all with very generous square footage, (1350sqft comparable to standard, modern four-bed houses) and luxury features.

Iain MacLean of Blueoak Estates commented: “We continue to see huge demand for our ‘rightsizer’ properties. Older people are undoubtedly looking for high quality accommodation which doesn’t fall into the retirement category, feels luxurious and is centrally located.

“We are typically attracting middle-aged and upwards couples or individuals, keen to move on from the maintenance associated with their family homes, once younger family members move on. These homes are designed for this very specific audience, fulfilling a niche space within the housing market and giving purchasers the opportunity to live independently for as long as possible”.

In Chester, the sell-out of Lancaster Square in the heart of the city centre highlights a spike in demand for city centre living, post lockdown. This development includes five bespoke apartments, one luxury penthouse and one three-story triplex, the most expensive achieving a sale of in excess of £500,000.

Also in Chester, Concorde House, a luxury development comprising 32 apartments located in the merging Northgate Quarter have now all been sold. Redevelopment of this former office building saw the imposing 1950’s structure reconfigured to become luxury homes for city centre dwellers. The most expensive house sold for in excess of £750,000.

Iain added: “It’s great to see our schemes attract sell out status almost straight away. The business is growing at a considerable rate and we currently have an additional 12 sites in the development phase which will all become live in the year ahead.”

This was posted in Bdaily's Members' News section by amber burns .