Owners transform rundown apartment block into £13.5m asset

INDIVIDUAL private owners in a block of 82 Manchester apartments who faced financial ruin when developers renovating the property went bust are celebrating following a revamp which means the combined value of their homes is now £13.5m.

The residents of 11-storey Warwickgate House in Old Trafford feared their flats would be worthless when two successive developers walked away from refurbishment projects on the block, built as offices in the 1970s before being converted into apartments at the turn of the century.

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