Legacie Delivers £90M Liverpool Resi Development | RWinvest Skip to content

£90m Liverpool Residential Development Parliament Square Completed

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    Apartments in New Development Sold Out Before Completion

    Award-winning developers Legacie have completed another ambitious residential scheme, adding to Liverpool’s thriving new-build rental market.

    The new development, Parliament Square, consists of four residential blocks, ranging between eight and eighteen stories. This innovative design was created by master architects Falconer Chester Hall, who have worked with Legacie on various ground-breaking developments.

    Legacie received a £45 million funding injection from London-based Maslow Capital to kick-start the development.

    The £90 million development is located on Greenland Street, part of Liverpool’s Baltic Triangle area, and contains 500 apartments – a mix of one, two, and three-bed units. All properties have been snapped up, having been sold off-plan by sales agents RWinvest to both buy-to-let investors and buy-to-live clients.

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      What Can Residents Expect in Parliament Square?

      Now completed, the development is ready to be tenanted. The property boasts hotel-style facilities and a modern, luxurious interior. Residents can access premium amenities such as a gym, rooftop spa, and resident lounge.

      There’s also an outdoor space with extensive gardens and a public plaza for residents to enjoy, bringing much-needed greenery to the Baltic Triangle area.

      Onsite commercial units can lend themselves to convenience stores, cafes, offices, and restaurants, bringing even more convenience to Parliament Square’s residents’ everyday lives.

      Not only does this development make a fresh addition to the local property scene but also has the potential to form a vibrant community in the heart of Liverpool’s creative business zone.

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      Part of Baltic Triangle’s Regeneration

      The Baltic Triangle, an up-and-coming district situated on the outskirts of Liverpool City Centre, is quickly becoming one of the most in-demand locations for property in the North West and potentially one of the best buy-to-let areas.

      This area is a key regeneration zone for Liverpool, which has been undergoing rapid growth and development. Parliament Square is another puzzle piece for the Baltic Triangle’s rebirth as an exciting and attractive place to live, work, and spend leisure time.

      John Morley, Legacie’s Chief Executive, said: “In 2019, this was a site in need of significant investment and urgent regeneration, and I am incredibly proud that we’ve been able to deliver this as well as develop something that offers prestigious living. Every single apartment at Parliament Square has been snapped up, and this is a testament to the quality of our product and the investment that has gone into bringing this scheme to life.”

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      Author

      Jessica Ferris

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      Jessica Ferris is a property writer at RWinvest, helping our readers stay ahead of property market trends with the latest news and statistics.

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