Former hotel sold to Stockport Homes Group
A formerley run-down Stockport hotel was transformed into 39 one- and two-bed stylish apartments and has now been sold to a local housing group.
Marc Freeman, director at Clowes Developments, was responsible for the conversion of the site on Buxton Road.
Despite the challenges of COVID-19, Clowes and builders, Roe Developments, delivered the project on time and according to schedule.
The completed site has now been sold to Stockport Homes Group for an undisclosed sum.
Stockport Homes is an Arms Length Management Organisation (ALMO). In 2005 the group took over the management of 11,500 council homes in Stockport.
It offers a wide range of ownership options including shared ownership, private rent, or social housing. Davenport Park Apartments have been purchased to complement the group’s wider portfolio.
Viaduct Housing Partnership is the development partnership between Stockport Homes Group and Stockport Council, and Ken Lee, chair of the Viaduct board, said: “We are delighted to have bought these fantastic apartments that Clowes Developments have built.
“We will be selling them on a shared ownership basis, which will provide affordable housing and help first times buyers get on to the property ladder.”
The new apartment block is spread over six floors with lift access, private gated entrance and landscaped communal rear gardens.
It has a range of modern facilities including EV charging points, low energy LED lighting, high speed broadband, secure bicycle storage and premium fixtures and fittings in each apartment.
Marc Freeman said: “On behalf of the group, I am delighted to complete the sale of DPA to a local housing group. It comes as no surprise that the apartments, with their combination of hi-spec finish and excellent location, are already attracting a wealth of interest from potential occupiers.
“We wish Stockport Homes Group all the best with the most recent addition to their portfolio.”