Luxury apartments sell out less than two weeks after completion

Following the success of its luxury penthouse apartment launch “Trilogy” in 2019, developer Mayfair Group Investment (MGI) has said the building’s additional nine-apartment complex “Forty-Nine-A” has sold out in record time – a week and a half after completion.

Leeds-based MGI, founded by 27-year-old property entrepreneur Rohin Dhand, has released the first interior shots of this project which is located on St Paul’s Street.

The development, valued at £380 per sq ft, comprises three one-bedroom apartments and six two-bedroom apartments as well as the “Trilogy” four-bedroom penthouse; Leeds’ largest city centre apartment spread across three floors and taking up 4,900 sq ft.

Dhand said: ‘’Leeds is an incredible place to live and work right now, but most of the city centre apartment developments are often too generic, lacking in depth and character.

“We pride ourselves on taking a more bespoke, inventive approach and Forty-Nine-A is no exception. We’ve worked closely with all our buyers to ensure their apartment specification is to their exact taste, alongside integrated smart systems and premium fixtures and fittings.

“We’re proud of what the team have achieved and specifically with The Trilogy penthouse. It has created an ambitious living space spread across three floors and epitomises everything MGI stand for – unique, innovative and forward thinking.”

Dhand set up Mayfair Group Investment seven years ago and has since been responsible for a series of high-profile projects throughout Yorkshire enjoying success in the healthcare sector, including St Martins House medical centre and a number of high-profile residential projects.

Another MGI luxury apartment project on 15 Park Place is currently in the planning stage and is scheduled to be available to rent from August 2020.

Tobias Duczenko, of Zenko properties, estate agent for Forty-Nine-A, said: “MGI are the one to watch in Leeds. Their latest development broke new records in Leeds city centre, with apartments valued close to £400 per sq ft and being fully sold 1.5 weeks post completion.

“I can’t think of another developer building that has been achieved to this high quality and selling in such record time.”