News
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Pervaiz Naviede Family Trust secures fourth Liverpool site for £4.2m
The Pervaiz Naviede Family Trust has added the stunning Crofton Hall in Aigburth to its residential property portfolio. The £4.2m acquisition comprises 26 properties set in a 2.5 acre estate, including the original mansion house with 11 apartments, and a further 15 houses within the elegant grounds. One of the houses is part refurbished and offers an immediate opportunity to increase the value of the estate. Currently 21 of the [...]
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UK House Prices Hit Record Levels
UK house prices are higher than ever before according to new data released by Nationwide. According to reports in the Guardian newspaper the average residential property is now worth £186,512 approximately £500 higher than the pre-recession peak recorded in October 2007. The country’s biggest building society recorded increases in the 13 months leading up to May 2014. Some commentators have called for an increase in interest rates to dampen further [...]
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Allotment Campaign Bears Fruit!
A community group is celebrating after a campaign to create allotments in Ordsall finally pays off with an official opening taking place next month. The Ordsall Community Allotment Society (OCAS) was formed six years ago by a number of local residents of the Salford estate keen to see the creation of new growing spaces. The group felt the introduction of new allotments would promote healthier living through better diet and [...]
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Greenlight for Hackney Homes Welcomed by LPC Living
Plans to create thousands of new homes in the London Borough of Hackney have been welcomed by LPC Living who are currently on-site with a £20m mixed-use development. Mayor of London Boris Johnson has today approved plans to regenerate the Woodberry Downs housing estate in Hackney which would see more than 3,000 new homes being constructed as well as commercial floor space. More than 800 homes have already been built [...]
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Plans to be Unveiled for Ordsall War Memorial
Plans to relocate a war memorial in Ordsall, Salford are to be unveiled this week by Salford City Council, Salix Homes and LPC Living. The memorial, which commemorates men from the area who lost their lives in the First World War, currently stands outside the former British Legion on Robert Hall Street. The council has been working with LPC Living, the regeneration developer charged with transforming the 180 acre estate, [...]
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Revised Masterplan Submitted for Mobberley Site
A revised masterplan for the iconic Harman Technology site in Mobberley, Cheshire has today been submitted by LPC Living. The new proposals include more than 15,000 sq ft of two storey offices with approximately 34 parking spaces which would be delivered subject to further viability and market testing. The proposed introduction of new office space would reduce the number of homes proposed on the site from 375 to 360. In [...]
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Pervaiz Naviede Family Trust Completes First Derbyshire Deal
The Pervaiz Naviede Family Trust has completed its first ever acquisition in Derbyshire taking the value of its private rented sector (PRS) portfolio to more than £70m. The global investor has purchased the Grade II-listed Corbar Hill House in Buxton and two neighbouring new build blocks, Wye House A and B, for £2million. Today’s deal includes the purchase of 20 apartments, 11 of which are currently let, and the freehold [...]
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Innovative Safety Solution Introduced by LPC Living
LPC Living has today adopted an innovative system to ensure the safety of its employees. StaySafe uses mobile GPS technology to record the location of staff when working alone or out of the office and has been adopted by a number of local authorities, housebuilders and organisations where employees are on the move or working alone . With more than 700 properties to manage the company needed a system which [...]
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Former Ordsall Marketing Suite to Make Way for New Homes
Salford-based developer LPC Living has announced plans to clear a brownfield site in Ordsall to make way for a new housing scheme. The site, located at the junction of Ordsall Lane and Oldfield Road, has been home to the Heart of Ordsall marketing suite since 2005. The temporary building was constructed by LPC Living to promote the ambitious plans to regenerate the 180 acre estate in partnership with Salford City [...]
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Pervaiz Naviede Family Trust Acquires £3.2m Hull Portfolio
The Pervaiz Naviede Family Trust has boosted its residential letting portfolio with the £3.2m acquisition of 45 properties in Hull. The purchase, which also includes the freehold, sees the Trust make its first foray into Yorkshire as part of a wider £10million investment in new sites across the north of England. The executive-style apartments are in three developments less than 1.5 miles from the city centre. The sites are: – [...]