The Mercantile, Liverpool

Development Overview

The Mercantile is a new build apartment development by RW Invest, situated at The Tea Factory, 82 Wood Street, in Liverpool's highly sought-after L1 4DQ postcode, within the historic Ropewalks district. The development is a comprehensive renovation project that aims to convert the former warehouse structure into 32 luxury residential apartments. RW Invest, the developer, holds an established reputation built on 20 years of industry experience and a completed portfolio valued at over £1 billion, supported by an 'Excellent' 4.7-star rating on Trustpilot from over a thousand customer reviews. The project commenced construction in Q1 2024, with estimated completion scheduled from Q1 2025. The properties are offered on a 999-year leasehold basis.

Property Details

The development offers a selection of one and two-bedroom apartments, designed with a luxury interior specification featuring premium fittings and appliances. Available properties include 1-bedroom apartments starting from £199,950 and 2-bedroom apartments priced from £284,950 up to £299,950. A limited number of exclusive penthouse apartments are also available, with prices reaching approximately £439,950. These high-end penthouse units are specifically detailed to include spacious private terraces and the addition of hot tubs, offering private outdoor space with city views. On-site facilities for residents include a welcome atrium and lounge area, and a 24-hour concierge service. On-site parking is to be confirmed, but public car parks are available nearby.

Location and Transport Links

The Mercantile’s central location in Ropewalks places residents in the heart of Liverpool’s independent cultural scene, appealing to both owner-occupiers and the young professional tenant demographic. Specific, named amenities nearby include the independent shops and diverse international cuisine on Bold Street, with popular local restaurants such as Mowgli Street Food and Maray being within a short walk. The development is also a brief walk from major retail areas, including Liverpool ONE, the historic Royal Albert Dock, and the vibrant Baltic Triangle.

Transport infrastructure is highly connected. The property is approximately 0.1 miles from Liverpool Central Station and 0.3 miles from Liverpool Lime Street Station. Liverpool Lime Street provides main line services, with the fastest train services to Manchester Piccadilly taking as little as 31 minutes, with an average journey time of 53-59 minutes. Nearby schools, based on straight-line distance, include St Vincent de Paul Catholic Primary School (0.3 miles) and Pleasant Street Primary School (0.3 miles).

Practical Information

The property is currently undergoing renovation with an estimated completion from Q1 2025. Interested homebuyers or investors should note the pricing structure: 1-bed apartments (from £199,950), 2-bed apartments (from £284,950), and Penthouse units (up to £439,950). Viewing arrangements for the show apartment or the virtual tour can be made by contacting the developer directly. Financial details such as ground rent and service charges are available upon request from RW Invest.