Member Article

RWinvest celebrate 505 apartment sales in Liverpool’s £90m Parliament Square development

Finance powerhouse helps Legacie Developments sell out the Manhattan-inspired tower in record time with a mixture of buy-to-let and owner occupied properties.

505 apartments have been sold to domestic and international investors with prices starting at £124,950 for a one bedroom apartment to £1.6million for a luxury penthouse with stunning views across the Mersey.

The development comes with a rooftop swimming pool and spa and the first residents will move in this summer.

International property sales and investment powerhouse RWinvest have today (Tuesday 25 May) announced that every one of the 505 apartments in Liverpool’s forthcoming Parliament Square development have been sold.

The £90million residential development in the Baltic Triangle is now completely sold out with all of the properties being sold off-plan to a mixture of owner-occupiers and buy-to-let investors.

RWinivest say that they’ve successfully sold properties to national and international buyers and the scheme sold out in record time after the company was appointed by Legacie Developments in late 2019.

The development includes three towers, all interlinked by landscaped communal areas and a public plaza with retail outlets.

It has been compared to Manhattan-style apartment living and comes complete with a rooftop swimming pool and spa.

The first residents will move in this summer while work continues on the remaining towers which are due to be completed in 2022.

“Selling out the site in such quick time represents a record-breaking rate of sales for such a substantial development in Liverpool,” says Michael Gledhill, director at RWinvest.

“We are delighted with the success of our marketing programme for Parliament Square. It has been a pleasure to work with Legacie Developments, and the incredible progress of the construction on-site has certainly assisted in the success of sales.

“Parliament Square is the highest quality development marketed by RWinvest in the city to date, with an amazing range of facilities, including a rooftop pool, spa and gymnasium. The views are incredible too so it is no surprise that we’ve been compared to Manhattan style skyscrapers. We look forward to handing over the first block to tenants and owner-occupiers next month.

“It is clear that a developer’s track record is very important to investors when they’re looking at where to invest their money and so we are pleased to be working with Legacie who have developed a reputation for quality and reliability.”

John Morley, director of Legacie Developments, added:

“The impressive sales at Parliament Square are testament to RWinvest’s national and international contacts and marketing acumen. The investment they’ve brought into the city is exceptional. They are a great team to work with.”

This was posted in Bdaily's Members' News section by Matthew Richardson .