Integritas Property Group (IPG) has been given the go-ahead from Liverpool City Council for a £13 million Commercial Road 70-bed apartment development.

Designed by Snow Architects, the Commercial Road site comprising 70 apartments of 1, 2, & 3-beds over two blocks is within 15 minutes' walk from the new Everton FC stadium and adjacent to Tobacco Wharf and the Leeds and Liverpool canal.

Offering a total of 70 apartments, with 39 residential visitor parking spaces and three disabled spaces on the ground floor, some apartments will be situated canalside enjoying an uninterrupted view of the canal. Prices start from £160,000.

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Liverpool welcomed over 67m visitors to the region in 2022 – a 5% increase from the previous year.

"With Bank of England interest rates on the rise, this makes these apartments an attractive proposition both for buyers and for investors who can expect a projected rental yield of 6% per annum," said Mitchell Walsh, managing director, Integritas Property Group.

"The approval of full planning permission for our latest residential development in such a prestigious and sought after location is testament to the high standards of building design and construction that we adhere to, putting people first. Located near to both the waterway and the new Everton FC stadium makes it a highly prized location and, as such, we expect to see high demand," added Walsh.

All apartments will be accessible and adaptable with at least 10% to allow for simple adaption to meet the needs of occupants who use wheelchairs. The exterior of the property will be built of brickwork with grey aluminium windows with flush casement, grey spandrel panels, colour to match windows, mild steel balustrade to balcony areas and powder coated aluminium window surround.