The UK‘s first privately funded BTR scheme, and the first stabilised BTR scheme to trade.

The Keel

Location

Liverpool

Apartment Number

240

Architect

Brock Carmichael

Status

Completed

Gym

External Gardens

From the outset, The Keel was specifically conceived as BTR. In collaboration with Mapeley, owners of the former HMRC office premises, we worked to secure planning for the conversion to 240 apartments.

The Keel also offers residents a large gym, a hotel-style concierge and extensive storage facilities, all set within an impressive 5.4 acre waterfront estate of open space overlooking the Queen’s Dock. PV cells were installed on the roof of The Keel in 2018, helping reduce The Keel’s carbon emissions by 25,000kg each year. Glenbrook secured forward funding with Moorfield in 2014. Brock Carmichael Architects and Pochin Construction came onboard with us, and the works were completed in September 2015. In 2018, Moorfield sold the stabilised scheme to Barings, benefitting from a significant uplift in value, and a good foundation for Barings to build with rental growth and service provision.